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ASAP Mobility turns Nippon Koei unit

Japan’s Nippon Koei Co Ltd has inked an agreement to acquire a majority stake in ASAP Mobility Sdn Bhd, a Malaysian system engineering and consultancy company.

With that, ASAP Mobility has become a subsidiary of Nippon Koei.

This is part of Nippon Koei’s expansion plan into Malaysia and the regional market.

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ASAP Mobility secures Nippon Koei as strategic shareholder

ASAP Mobility Sdn Bhd (AMSB), a leading system engineering and consultancy company, has secured Japanese peer company Nippon Koei Co Ltd (NKCL) as its strategic shareholder.

NKCL has inked an agreement to acquire a majority stake in AMSB to expand into Malaysia and the regional market.

With that, AMSB has now become a subsidiary of NKCL.

AMSB chief executive officer (CEO) Aniket Mukhopadhyay welcomed NKCL as its strategic shareholder.