KUALA LUMPUR: Greenyield Bhd has proposed a deal, deemed as a related party transaction, to pay up to RM87.8mil for a 65% stake in Greenyield Rubber Holdings (M) Ltd or GRHM in Papua New Guinea (PNG).
The proposed deal was inked with Greenyield Holdings Sdn Bhd (GHSB), Premium Commodities Sdn Bhd, Tham Foo Keong, Tham Foo Choon, Tham Kin-On and Foong Sai Cheong who are collectively referred to as the vendors.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!