Radiant Globaltech Berhad (KLSE:RGTECH) acquired a 70% stake in ARMS Software International Sdn Bhd from Lee Thiam Sew for RM 1.9 million on May 18, 2021. Under the terms. Radiant Globaltech Berhad (KLSE:RGTECH) will acquire 0.21 million shares of ARMS Software International Sdn Bhd. The transaction is funded through internally generated funds. Lee Thiam Sew would also provide a net profit guarantee of RM0.2 million per year for the financial years ending 31 December (FY) 2021 and FY2022. Radiant Globaltech Berhad (KLSE:RGTECH) completed the acquisition of a 70% stake in ARMS Software International Sdn Bhd from Lee Thiam Sew on May 18, 2021.