PETALING JAYA: Iris Corp
Bhd, via a dormant unit, and three other parties, have proposed to take over 75% of the shares of Versatile Creative at 50 sen per share in a bid to set up a food distribution business division for the company.
They have proposed to buy the remaining 82.8 million shares not held by them. The proposal is expected to be completed by year-end.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
