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Econframe acquires industrial property development firm for RM56mil to diversify business - Vimarsana News

Econframe acquires industrial property development firm for RM56mil to diversify business

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.