Lion Corp sells Lion Forest stake


PETALING JAYA: Lion Corp Bhd has disposed of a 72.8% stake in Lion Forest Industries Bhd via subsidiaries.

In separate filings with Bursa Malaysia, Amsteel Mills Sdn Bhd had disposed of a 53.39% stake, while Lion Industries Corp Bhd hived off 19.49%, which when combined represents 168.76 million shares out of its 231.6 million enlarged issued and paid-up share capital.

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