PETALING JAYA: There could be more mergers and acquisitions (M&As) by Hextar Global Bhd to raise its earnings profile following its acquisitions of Chempro Group of Companies for RM138mil.
Hextar’s management had indicated M&As as a route for stronger earnings growth for the agrochemical company.
The purchase of Chempro – a multinational hygiene specialty cleaning chemicals expert – is an earnings-accretive deal and will see Hextar diversifying its earnings base in the chemical space.
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