Kamunting Management to buy remaining 40% stake in E&O for RM46.95mil

KUALA LUMPUR: Kamunting Management Services Sdn Bhd, an indirect wholly-owned subsidiary of Eastern & Oriental Bhd (E&O), has entered into a share sale agreement (SSA) with Penang Development Corporation (PDC) to acquire the remaining 40 per cent of the issued share capital in E&O-PDC, comprising 14,000 ordinary shares, for RM46.95 million.

Related Keywords

Kamunting ,Perak ,Malaysia ,Kuala Lumpur ,Tanjung Pinang ,Johor ,Tanjung Tokong ,Pulau Pinang ,Penang , ,Tanjung Pinang Development Sdn Bhd ,Geo Group ,Kamunting Management Services Sdn Bhd ,Penang Development Corporation ,Bursa Malaysia ,Permaijana Ribu ,Sdn Bhd ,Seri Tanjung Pinang ,Tanjung Tokong Penang ,Andaman Island Phase ,Gurney Drive ,Andaman Island ,Corporate News ,E Amp O ,Wpdc ,Acquisition ,E Ampo Pdc ,