Win-win strategy in PUC takeover


KUALA LUMPUR: The completion of the reverse takeover (RTO) of ACE Market-listed PUC Founder (MSC) Bhd by London’s AIM Market-listed Resource Holding Management Ltd will enable both companies to leverage on each other’s strengths and core competencies.

The RTO will be completed today with the listing of the 750 million new PUC Founder shares issued to Resource Holding – a process that took more than three years after it was first initiated in November 2010.

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Business , PUC Founder , Red Media

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