Versatile to cash in on Iris, it will go ahead and sell 126.42 million Iris shares


PETALING JAYA: A big block of shares in Iris Corp Bhd is up for grabs.

Versatile Creative Bhd, now a subsidiary of Iris, told Bursa Malaysia it would go ahead with a plan to hive off 126.42 million shares, or a 6.2% stake, in Iris at prices to be determined later.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , vcb

   

Next In Business News

Salcon unit bags RM9.7mil sewerage deal
Brisk sales for Sunway’s Velocity 3
Scientex to deploy large-scale solar PV system
Velesto poised to see stronger earnings in 2024
Minimal impact forecast for breweries from beer price hike
Wage reform concerns
VSTECS shares hit all-time high
Brahmal is major shareholder of MCE Holdings
Car sales expected to moderate this year
Making ESG accessible to all companies

Others Also Read