Flexsis Sdn Bhd agreed to acquire 21.54% stake in Eco World International Berhad (KLSE:EWINT) from GLL (Malaysia) Pte. Ltd. for MYR170 million on May 10, 2024. The Acquisition is funded via a combination of bank borrowings and internally generated funds.

The Acquisition is not subject to the approval of the shareholders of the Company or any other relevant authorities. The Acquisition will be completed on 14 May 2024. RHB Investment Bank Berhad has been appointed as the Principal Adviser( financial advisor) for the Acquisition.