GFM buys 100% stake in Atmajaya for RM9mil

TheStar Wed, Mar 15, 2023 06:10pm - 6 months View Original

KUALA LUMPUR: GFM Services Bhd has proposed to acquire a 100%-stake in Atmajaya Arvino Sdn Bhd for RM9mil.

The integrated facilities management service provider, in a statement, said the acquisition would enable GFM to design, build, operate, and maintain a rest and service area (RSA) along the Kuala Lumpur-Karak Highway.

Atmajaya was awarded the approval by the Malaysian Highway Authority to construct and maintain the RSA in Karak, Bentong.

GFM said the upcoming RSA would feature a one-stop complex with facilities and amenities such as a food hall and restaurants, washrooms, prayer room, an agricultural retail hub (AgroBazaar), and two petrol stations.


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