Madam Lim Siew Sooi agreed to acquire 70% stake in Gp Products Sdn Bhd from Joe Holding Berhad (KLSE:JOE) for MYR 12.7 million on January 26, 2024. The consideration consists of MYR 12.70 million in cash. As part of the consideration, MYR 12.70 million was paid towards common equity.

The net proceeds arising from the Proposed Disposal, is for the purpose of working capital of the group?s operation.