Infomina (KLSE:INFOM) acquired a 51% stake in Blue Fortress for 25.5 million ringgit, according to a Friday Bursa Malaysia filing.
The acquisition, carried out by unit, Infomina Services, will see the subsidiary buy 102,000 shares in the cybersecurity specialist, with Blue Fortress managing director Luke Shu Ern Huong receiving 366.67 ringgit per share for 42,000 shares.