Boustead: No plans to control PSCI


  • Business
  • Wednesday, 16 Mar 2005

BOUSTEAD Holdings Bhd has “no plan at the moment to acquire any controlling interest in PSC Industries Bhd (PSCI),” the former told Bursa Malaysia yesterday. 

Boustead said its previous purchase of shares in PSCI was for the purpose of reducing its average cost of investment in PSCI, of which the latest transaction was made on Jan 14.  

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