KUALA LUMPUR: Sime Darby Plantation Bhd's indirect subsidiary Ultra Oleum Pte Ltd has sold its entire 52% equity interest in Verdant Bioscience Pte Ltd to SIPEF and Ackermans & van Haaren NV (AVH) for US$8.61mil (RM37.4mil) cash.
According to a filing with Bursa Malaysia, SIPEF acquired an additional 10% stake in Verdant Bioscience from Ultra while AVH bought 42%.
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