Kendall Court buys 7.1% stake in Green Packet


Through its wholly-owned unit, Summit Synergy Limited, Kendall Court acquired 65 million shares in Green Packet via a directbusiness deal at a price of RM0.70 a share, equivalent to a 7.1% stake in the international telecommunications and technology group.

KUALA LUMPUR: Singapore-based private equity (PE) firm Kendall Court has emerged as a substantial shareholder of Green Packet Bhd.

Through its wholly-owned unit, Summit Synergy Limited, Kendall Court acquired 65 million shares in Green Packet via a directbusiness deal at a price of RM0.70 a share, equivalent to a 7.1% stake in the international telecommunications and technology group.

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