MUI Group's PMC to buy 51% stake in A&W Malaysia


KUALA LUMPUR (Bernama) -- Pan Malaysia Corporation Bhd (PMC) has proposed to acquire a 51% share in A&W (Malaysia) Sdn Bhd from Inter Mark Resources Sdn Bhd for RM21.04 million.

In a filing with Bursa Malaysia today, PMC said the acquisition would be satisfied via a combination of cash amounting to RM11.57 million and a transfer of 63.11 million PMC shares.

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Pan Malaysia Corp , A&W Malaysia

   

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