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Bio Osmo buys Impiana Hotels for RM426m


PETALING JAYA: Loss-making bottled drinking water company Bio Osmo Bhd plans to buy Impiana Group’s hotel assets from its largest shareholder in a reverse takeover (RTO) deal valued at RM425.9mil.

This will be done via a series of transactions to be satisfied by new shares.

Corporate News , bio osmo

   

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