PNB and AmanahRaya Trustees Bhd – the trustee for Amanah Saham Malaysia, Amanah Saham Bumiputera and Amanah Saham Bumiputera 3-Didik unit trust funds – yesterday inked a conditional agreement with Batu Kawan to sell 94.45 million shares in CCM at RM3.10 apiece.
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) and its unit trust funds are selling their combined 56.32% stake in Chemical Co of Malaysia Bhd (CCM) to plantation and industrial chemicals group Batu Kawan Bhd
for RM292.79mil.
PNB and AmanahRaya Trustees Bhd – the trustee for Amanah Saham Malaysia, Amanah Saham Bumiputera and Amanah Saham Bumiputera 3-Didik unit trust funds – yesterday inked a conditional agreement with Batu Kawan to sell 94.45 million shares in CCM at RM3.10 apiece.
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