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Progressive Impact Corporation Berhad To Dispose Entire Stake In PJ Bumi Berhad


Friday, 28 Dec 2012 04:24am EST 

Progressive Impact Corporation Berhad announced that it has executed a Letter of Offer with ECE Technologies Sdn Bhd (the Purchaser) on December 28, 2012, for the offer of sale of 15,100,000 ordinary shares of MYR 0.50 each in PJ Bumi Berhad (PJBumi) representing 30.2% of the total issued and paid up share capital of PJBumi (the Sale Shares) for a consideration of MYR 0.3311 per PJBumi share totaling MYR 5,000,000. The said Sale Shares also represents Company's entire shareholding in PJBumi. 

Company Quote

0.255
-0.0050 -1.92%
25 Jul 2014