The concession covers an area of about 12.2 sq km and located 5.6 nautical miles from Tg. Tuan coastline.
Engineering firm AcroMeta Group plans to acquire a controlling stake in an entity that holds a sand mining concession in Malaysia.
Under a non-binding MOU signed on Jan 26, AcroMeta plans to acquire a 60% stake in an entity called Inadel Sdn Bhd, which fully owns the rights to a sand concession area offshore of Negeri Sembilan.
