Seal Acquires 10% Stake In Solar PV Firm MSRGE For RM21 Million
Seal Acquires 10% Stake In Solar PV Firm MSRGE For RM21 Million
Seal announced that it had entered into a binding term sheet of for the proposed acquisition of 10% stake MSRGE for a total purchase consideration of RM21.00 million, to be satisfied through a combination of cash and issuance of new ordinary shares in Seal.
Seal宣布已签署了一份有约束力的书面要约，拟收购MSRGE 10%的股权，总购买代价为2100万林吉特，将通过现金支付和发行Seal的新普通股份的组合方式来支付。
MSRGE is principally involved in solar photovoltaic ("PV") installation system and renewal energy projects, project management, and consultancy and electrical works. It develops solar PV plants, the process of which includes design and
engineering, procurement, construction and commissioning ("EPCC") of solar PV system. MSRGE also provides engineering, procurement and construction services for battery energy storage system ("BESS").
MSRGE主要从事太阳能光伏（"PV"）安装系统和可再生能源项目、项目管理、咨询和电气工程。它开发太阳能光伏电站，其过程包括设计和
工程、采购、施工和调试（"EPCC"）太阳能光伏系统。MSRGE还为电池能源存储系统（"BESS"）提供工程、采购和施工服务。
