Master Tec Completes Sediacom’s Acquisition For Power Infrastructure Market Expansion
Master Tec Group Bhd has completed Sediacom Sdn Bhd’s share subscription for a total cash consideration of RM3.74 million. The group had subscribed 1.04 million new ordinary shares in Sediacom, representing a 51% equity interest. The subscription was fully funded through Master Tec’s internally generated funds. Master Tec’s acquisition of Sediacom aligns with the group’s […]