Bill Tham Kok Weng agreed to acquire Syscatech Sdn. Bhd from Systech Bhd (KLSE:SYSTECH) on February 13, 2023. The combined value of entire disposals is RM 6.6 million.

Syscatech has a total assets of RM 4.5 million and Total equity of RM 1.7 million as of March 31, 2022. The transaction is subject to approval of Board of Directors and shareholders. Malacca Securities acted as Financial advisor to Seller Systech Bhd.

As of April 10, 2023.Target shareholders approved the deal.