Maxim Global Berhad (KLSE:MAXIM) agreed to acquire Brogan Maxim Sdn. Bhd. from Datuk Seri Gan Seong Liam and Gan Kuok Chyuan for MYR 21.4 million on April 13, 2023.

Consideration to be satisfied via a combination of deferred cash consideration and Consideration Shares. 12.41 million in cash and 39.13 million of shares issuance. As of August 4, 2023 Maxim Global Berhad's shareholders approved the transaction.

UOB Kay Hian Securities (M) Sdn Bhd. acted as financial advisor to Maxim Global Berhad.