PETALING JAYA: MP Evans Group Plc has entered into a conditional agreement to sell its 36.84% share in PT Agro Muko to its long-standing partner, the Belgian Sipef group (Sipef), for the sum of US$100mil (RM444.9mil).
PT Agro Muko is a joint venture in which Sipef currently holds 47.29% of the issued share capital.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!