Betamek Berhad (KLSE:BETA) agreed to acquire Sanshin (Malaysia) Sdn. Bhd. from OUTSOURCING Inc. (TSE:2427) for MYR 13.4 million on March 29, 2024. The transaction will be funded from internally generated funds. The deal is subject to the approval of Ministry of Investment, Trade and Industry of Malaysia and the Malaysian Investment Development Authority. The transaction is expected to be completed by the second quarter of the financial year ending March 31, 2025.

Betamek Berhad (KLSE:BETA) completed the acquisition of Sanshin (Malaysia) Sdn. Bhd. from OUTSOURCING Inc. (TSE:2427) on June 28, 2024.