Landmark Green Packet deal


KUALA LUMPUR: Wireless technology specialist, Green Packet Bhd, has achieved a new milestone in the Mesdaq Market by selling 10% of its shares to Jeddah-based Saudi Economic and Development Co (SEDCO) for about RM91mil. 

The sale of 36.7 million new shares at RM2.47 each represents the largest private placement investment by a single party on Mesdaq. 

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