Batu Kawan buys PNB's stake in CCM, extends RM3.10 a share take-over offer 


KUALA LUMPUR: Batu Kawan Bhd said it has entered into a deal to buy Permodalan Nasional Bhd's entire stake in Chemical Company of Malaysia Bhd (CCM) for RM292.8mil.

The purchase has triggered a mandatory general offer for the remaining shares in CCM at RM3.10 each.

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Batu Kawan , CCM , PNB

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