Leong Hup buys stake in Malindo


KUALA LUMPUR: Leong Hup Holdings Bhd has acquired 1.3% equity interest in PT Malindo Feedmill Tbk, a public-listed company in Indonesia, for RM1.52mil.

In a filing with Bursa Malaysia, Leong Hup said it had entered into a private arrangement with Standpoint Holdings Sdn Bhd for the acquisition.

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