Asia Poly Holdings Berhad (KLSE:ASIAPLY) agreed to acquire 50% stake in Darwell Asia Pacific Sdn. Bhd. from Ooi Chee Seong and Tan Lian Li for MYR 6.1 million on July 11, 2024. The transaction will be financed through internal generated funds.

The transaction is subject to consummation of due diligence investigation. The expected completion of the transaction is within 3 months.