Asdion down 3.5% on news it is buying into Maxillion


PETALING JAYA: Shares of information technology and logistics firm Asdion Bhd closed half sen lower to 13.5 sen following a stock exchange filing last Friday that the company was buying a 50% stake in Maxillion Link Enterprises Ltd from Hill Esta International Ltd for RM2.70mil.

It will buy the stake via the issuance of 2.70 million redeemable convertible preference shares.

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Business , Asdion , Hill Esta , halt

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