Kawan Renergy Takes Up 51% Stake In Oil And Gas Precision Machine Company
Kawan Renergy Takes Up 51% Stake In Oil And Gas Precision Machine Company
The group said the Proposed Acquisition will be financed through internal funds and/or external financing.Kawan Renergy Berhad announced that its wholly-owned subsidiary has entered into a Share Subscription Agreement and a Supplemental Agreement on the proposed acquisition in I Precision Sdn. Bhd a machining solutions provider for the high-tech industry, especially in the oil and gas industry.
Kawan Renergy Berhad宣佈，其全資子公司已簽署了一項股份認購協議和一項有關擬議收購I Precision Sdn. Bhd的補充協議，後者是一家高科技行業特別是石油和燃料幣行業的機加工解決方案提供商。
Upon completion of the Proposed Acquisition , the company will become a 51% subsidiary of Kawan Renergy through KESB.
"This acquisition is going to be a game-changer for KESB" said Ir. Lim Thou Lai,
在完成擬議收購後，該公司將通過KESb成爲Kawan Renergy的51%子公司。
「這次收購將改變KESB的局面。」 Kawan Renergy的董事Lim Thou Lai表示。
Managing Director of Kawan Renergy. He added "I Precision's state-of-the-art facility and expertise in machining solutions perfectly complement our capabilities. This will allow us to undertake more complex projects, secure major contracts, and gain a competitive edge in the oil & gas industry."
Kawan Renergy的董事總經理表示：「I Precision的先進設施和機加工解決方案的專業知識與我們的能力完美地契合，這將使我們能夠承擔更復雜的項目，獲得重大合同，並在石油和燃料幣行業獲得競爭優勢。」
The group said the Proposed Acquisition will be financed through internal funds and/or external financing.
該集團表示，擬議收購將通過內部基金和/或外部融資來進行資助。
譯文內容由第三人軟體翻譯。
