PETALING JAYA: Ann Joo Resources Bhd
’s 55% indirect subsidiary, Konsortia Etiqa Sdn Bhd (KESB), has acquired 102,000 shares in Perfect Channel Sdn Bhd (PCSB) from Kinsteel Bhd for RM10mil cash.
In a filing with Bursa Malaysia yesterday, Ann Joo added KESB had also subscribed to 100 million new shares in PCSB for RM100,000, thereby taking KESB’s stake in PCSB to 99.9%.
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