Friday 29 Mar 2024
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KUALA LUMPUR (June 12): OCK Group Bhd has acquired a power generation firm, Epic Solartech Sdn Bhd, for RM50,000.

In a filing with the stock exchange today, OCK said the purchase was made via its wholly-owned unit Milab Marketing Sdn Bhd.

Incorporated in 2010, Epic Solartech is in the business of electrical, mechanical, motor and generation of power, including all forms of renewable energy power generation.

Its directors include OCK managing director Ooi Chin Khoon and chief executive officer Low Hock Keong, and Milab Marketing executive director Chong Wai Yew.

OCK, a telecommunication network services provider, operates in three other divisions, namely the trading of telecommunication network products, green energy and power solutions, as well as mechanical and electrical engineering services.

OCK's share price slipped half a sen to 72.5 sen today, bringing a market capitalisation of RM631.82 million.

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