The group said it terminated its plans due to both parties failing to reach an agreement on the final sale price.
PETALING JAYA: Thong Guan Industries Bhd
will not go ahead with its plan to sell its food and beverage (F&B) business to its largest shareholder, Foremost Equals Sdn Bhd (FESB).
FESB has a 37.03% stake in Thong Guan.
