Ancom Nylex acquires 70pc stake in Colorex for RM14m, expands chemical portfolio

Ancom Nylex News

Ancom Nylex acquires 70pc stake in Colorex for RM14m, expands chemical portfolio
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PETALING JAYA, Sept 19 — Leading integrated chemical group Ancom Nylex Berhad, through its wholly-owned subsidiary Nylex Holdings Sdn Bhd, has acquired a 70 per cent equity...

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The group entered into a Share Sale Agreement with Colorex’s stakeholders, Loke Yeak Thong and Lim Tiak Cheong. “The type of resources that they already have, the infrastructure, can grow the business further. As individuals, there is only so much that we can do. But with a listed entity, the sky is the limit, so to speak,” Loke said in an exclusive interview.

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