SINGAPORE (Dec 2): Building construction company Sysma Holdings announced Monday that it is acquiring a clutch of companies for a total of $30.4 million.

Wholly-owned subsidiary Sysma Jade has entered into separate share purchase agreements to acquire KH Engineering (KHEL), including its wholly-owned subsidiaries, Kian Hock Engineering and Kian Hock Piling, as well as KH Instrumentation (KHIPL).

The target group of companies is principally engaged in the business of providing services in relation to foundation works and building construction, as well as soil investigation, treatment and stabilisation in Singapore.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook