Signature International Berhad entered into a conditional share sale agreement to acquire 45% stake in Zig Zag Builders (m) Sdn. Bhd. from Foo Khai Shin for MYR 13 million on April 5, 2023. The Purchase Consideration will be funded via internally generated funds. The deal is subject to satisfactory legal, financial and/or business due diligence, and the approval from directors and shareholders of Signature International and Zig Zag Builders. The Proposed Acquisition is expected to be completed by the second quarter of 2023.

Signature International Berhad Completed the acquisition of 45% stake in Zig Zag Builders (m) Sdn. Bhd. from Foo Khai Shin on June 19, 2023.