Central Global gets shareholders’ nod for RYRT International acquisition


KUALA LUMPUR: Central Global Bhd’s (CGB) shareholders have approved the acquisition of the remaining 30% stake, or 600,030 ordinary shares in RYRT International Sdn Bhd for RM13.26mil.

In a statement, CGB said the RM13.26mil purchase consideration would be satisfied through the issuance of 10.2 million new ordinary shares in CGB at an issue price of RM1.30 per consideration share.

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