Sumatec yet to finalise funding method for RM794mil Kazakh deals


PETALING JAYA: Sumatec Resources Bhd said it has yet to finalise financing methods for the purchase of two new assets worth US$250mil (RM794mil) in Kazakhstan.

“As announced, the purchase consideration shall be satisfied via the payment of cash and issuance of new ordinary shares of Sumatec,” it told Bursa Malaysia yesterday.

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Business , Sumatech , Borneo

   

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