Olympia Industries Bhd
said its wholly-owned unit LC (BVI) Ltd (LCBVI) had, on Jan 20, entered into a share sale agreement with Scarlett Resources Ltd (SRL) for the proposed sale of the entire 80% equity interest representing 80 ordinary shares of US$1.00 in Richland Worldwide Ltd (RWL).
Olympia has proposed to acquire the stake for Kina 100,000 (equivalent to US$26,500 or RM100,700) cash.
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