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Globaltec set to acquire 45% stake in Chef Wan s F&B business for RM20mil

KUALA LUMPUR: Globaltec Formation Bhd has signed a conditional subscription and shareholders agreement to acquire a 45% equity interest in Metta Food & Lifestyle Sdn Bhd for RM20mil.

Globaltec to acquire strategic stake in Chef Wan s F&B business for RM20m

Globaltec Formation Bhd is set to acquire a 45% stake in Metta Food & Lifestyle Sdn Bhd for RM20 million. In a statement to Bursa Malaysia on Friday (Aug 26), Globaltec said that together, the parties intend to grow and develop Metta’s food and beverage (F&B) business.

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