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Intraco to take 70% stake in KA Group for $16.6m

Published Fri, Jul 4, 2014 · 10:00 PM

Singapore

INTRACO Limited has entered into a deal to acquire a 70 per cent stake in fire protection specialist KA Group for $16.6 million.

The Singapore-listed trading company yesterday said it has signed a conditional share purchase agreement to acquire KA Group, which comprises KA Building Construction, Firespray International (Singapore), KA Fireproofing, KA Fabric Shutters and KA Firespray Sdn Bhd.

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