GH Consortium completed the acquisition of 33.3% stake in Heng Huat Resources.

GH Consortium, an end-to-end facility management service provider, completed the acquisition of a 33.3% stake in Heng Huat Resources, a manufacturing and trading company for biomass materials, mattresses, and other related products. Financial terms were not disclosed. The conditional mandatory takeover was triggered after the duo entered into a joint venture (JV) to “formalize corporation in the management of Heng Huat and its subsidiaries,”