Permaju to buy 30% stake in Hardie Development, proposes private placement


KUALA LUMPUR (Bernama) -- Permaju Industries Bhd today entered into a conditional share sale agreement with Chai Kim Chong to acquire 600,000 ordinary shares in Hardie Development Sdn Bhd representing 30% equity interest for RM21.8 million.

Hardie is an existing 70%-owned subsidiary of Permaju.

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Permaju , Hardie Development

   

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