PETALING JAYA: Astramina Group Bhd
(Astra) has entered into a binding term sheet with Chan Kok Woei and Tan Soon Hock to “exclusively explore and negotiate further” to acquire Epic Chemicals Sdn Bhd.
In a filing with Bursa Malaysia yesterday, Astra said the purchase consideration will be satisfied via a combination of cash and the issuance of new ordinary shares in Astra at 37 sen per share.
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