KUALA LUMPUR: UEM Edgenta Bhd, which has proposed to acquire an 80% equity stake in KFM Holdings Sdn Bhd for RM128mil cash, has entered into a shares sale agreement with KFM's controlling shareholders for the deal.
In a filing with Bursa Malaysia today, UEM Edgenta said it had entered into a shares sale agreement with the Nurolamin Abas and Fardan Abdul Majeed, who hold stakes of 51% and 49% respectively in KFM.
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