KUALA LUMPUR: WTK Holdings Bhd has proposed to acquire a 15% equity interest in Durafarm Sdn Bhd for RM28.3mil cash.
In a filing with Bursa Malaysia, WTK said its wholly-owned subsidiary, BioFarm Venture Sdn Bhd has entered into a share sale agreement (SSA) with Datuk Robert Lawson Chuat to acquire 1.57 million shares in Durafarm, representing 11.25% equity interest for RM21.4mil.
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