PETALING JAYA: Marubeni Corp of Japan intends to take up to a 20% stake in SHL Consolidated Bhd
over the next five years.
For a start, Marubeni is expected to acquire 6.5%, representing 15.5 million shares in SHL. Last Friday saw an initial off-market tranche of 7.3 million shares changing hands at RM2.46 each. And yesterday a second off-market block deal of 8.15 million shares was done at RM2.46 each.
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