PJBumi to sell Alam Flora stake for RM20mil on 11 July, 2012
News Excerpt
PETALING JAYA: PJBumi Bhd, a waste management solutions service provider, is proposing to dispose its entire 15.79% stake or 12 million shares in Alam Flora Sdn Bhd to DRB-Hicom Bhd for RM20.4mil cash that support its efforts to reduce bank borrowings and for working capital. …
Read the article below for more information:
http://www.thestar.com.my/business/business-news/2012/07/11/pjbumi-to-sell-alam-flora-stake-for-rm20mil/?style=biz