Greenyield set to buy 65% equity interest in GRHM for RM87.8mil

KUALA LUMPUR: Greenyield Bhd has proposed to acquire 65 per cent equity interest in Greenyield Rubber Holdings (M) Ltd (GRHM) for RM87.8 million in a related party transaction, "subject to adjustments as set out in the share sale agreement.”

The vendors are Greenyield Holdings Sdn Bhd, Premium Commodities Sdn Bhd, Tham Foo Keong, Tham Foo Choon, Tham Kin-On, and Foong Sai Cheong.