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KUALA LUMPUR: Econframe Bhd is proposing to acquire a 70% stake in ETA World Sdn Bhd (ETAW) from ETA Industries Sdn Bhd for RM56mil, as part of its move to diversify the group’s business into construction services and property development.
Taking centre stage this week is the upcoming gross domestic product data from China as it releases its GDP report for the first quarter (1Q) and activity data for March.
Here is a brief look at some corporate announcements and news flow on Friday (July 22), which include AMMB Holdings Bhd, Protasco Bhd, LBS Bina Group Bhd, Gabungan AQRS Bhd, Iskandar Waterfront City Bhd, Thong Guan Industries Bhd, MyNews Holdings Bhd, Ireka Corp Bhd, CapitaLand Malaysia Trust, HPP Holdings Bhd, Econframe Bhd, Hextar Industries Bhd, UMediC Group Bhd, Artroniq Bhd, Tanco Holdings Bhd and Focus Point Holdings Bhd.