PELIKAN plant in Voehrum, Germany. - Filepic
PETALING JAYA: Pelikan International Corp Bhd
is selling its logistics centre in Germany for €81mil (RM399.33mil) confirming a StarBiz report about the stationery maker selling some of its assets overseas.
The proceeds from the sale is 37% higher than Pelikan’s current market capitalisation at RM250mil.
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