Tricor Group to acquire Malaysia operations of Axcelasia.

Tricor Group, a business expansion specialist is set to acquire the Malaysia operations of Axcelasia, an integrated professional services firm. Financial terms were not disclosed. Upon completion of the transaction, Axcelasia’s corporate services and business support services will merge into Tricor Malaysia, making Tricor one of Malaysia’s largest providers of corporate services to international and Malaysian corporations. “Upon completion, the Transaction strategically equips Tricor with new GRC capabilities to complete our service offerings and meet the client demand for GRC solutions in the Asia Pacific region. The transaction also strengthens our corporate, business and tax services in Malaysia," Lennard Yong, Tricor Group CEO.