LG to sell stakes in seven firms


  • Business
  • Saturday, 15 Feb 2003

Land & General Bhd (L&G) plans to dispose of its interests in seven local and foreign companies as part of its restructuring scheme to reduce further debts, said managing director Mike Krishnan. 

Speaking to reporters after the company's EGM in Kuala Lumpur yesterday, he said this would include the group's stakes in companies in Azerbaijan and the US. 

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