Halim Saad: Sumatec looking to exit PN17 by Q2 of 2014


KUALA LUMPUR: Sumatec Resources Bhd is looking to exit PN17 status in the second quarter of next year. This follows the passing of the resolutions tabled to shareholders at an EGM on Friday.

Major shareholder Tan Sri Halim Saad told reporters after the meeting the company would be debt-free following the completion of its restructuring exercise.

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Halim Saad , Sumatec , PN17

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