Systech (KLSE:SYSTECH) inked a heads of agreement with MDT Group and LCL to acquire part or all of the equity interest of MDT Group.
The companies will determine the terms and structure of the proposed acquisition will be determined later.
The companies plan to enter a definitive agreement later, it noted.
Shares of the software development firm dropped over 5% recently.
Price (MYR): $0.35, Change: $-0.020, Percent Change: -5.48%
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