Globetronics has informed that business is as usual on the back the latest announcement on APB Resources Bhd proposed acquisition of shares which was disposed by shareholders General Produce Agency Sdn Bhd and Ng Kweng Chong Holdings Sdn Bhd.
This transaction, constituting 10.4% equity interest in GTB, involves the sales of 46.3 million shares by GPA and 23.7 million shares from NKC.
A representative from GTB conveyed that the change in major shareholders of GTB is not anticipated to have any substantial or material impacts on its day-to-day operations. GTB remains committed to maintaining operational continuity and delivering consistent performance despite the change in ownership structure.
