NETX HOLDINGS BUYS EQUITY INTEREST IN MLABS SYSTEM FOR RM7.2M

PETALING JAYA: NetX Holdings Bhd's (NetX) subsidiary First United Technology Ltd has acquired 8.43% equity interest in Mlabs System Bhd (Mlabs) for RM7.2 million cash. NetX told the stock exchange last Friday, the proposed investment into Mlabs will allow the group to potentially collaborate with an established company to expand its revenue base and to acquire new IT technology. The group added by leveraging on Mlabs' strong and...

TheSunDaily.my (Date:09/17/2017 10:53) Read full article >>

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