Propel Global Berhad (KLSE:PGB) entered into a conditional share sale agreement to acquire E-maintenance Sdn. Bhd. from Haw Tek Seng and Kok Tzyy Ching for MYR 20 million on September 7, 2023. The transaction will be financed from proceeds from the private placement of new ordinary shares and internally generated funds. RHB Investment Bank Berhad acted as financial advisor to Propel Global Berhad. As of September 19, 2023, the share sale agreement has become unconditional.

Propel Global Berhad (KLSE:PGB) completed the acquisition of E-maintenance Sdn. Bhd. from Haw Tek Seng and Kok Tzyy Ching on November 17, 2023.