Article

West River Berhad's indirect subsidiary, Neutron Power Sdn. Bhd., has entered into a Share Sale Agreement to acquire 95% of Ace Hydropower Sdn Bhd for RM850,000. This acquisition encompasses 47,500 ordinary shares, and upon completion, Ace Hydropower will become an indirect subsidiary of West River.

The deal updates a prior announcement from September 17, 2025, with adjustments made to the number of shares following project timeline compliance. Completion is subject to conditions including satisfactory due diligence and regulatory approvals, with no adverse changes to Ace Hydropower's operations. This acquisition aligns with West River's strategy for sustainable growth.