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.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Shedding light on power sector prospects
Reaping the Max from streaming
Singapore playing roulette with casino licensing
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Bidding big on Malaysian art
Inflation rises slightly in October
EQ expands to Thailand
Capitalising on future trade tariffs
Importance of adapting global brands to local sensitivities

Others Also Read