PETALING JAYA: Singapore-based private equity (PE) firm Kendall Court has ceased to be a substantial shareholder of Green Packet Bhd, after it disposed of its entire stake in the international telecommunications and technology group.
In a filing with Bursa Malaysia, Green Packet said Kendall Court, via its wholly-owned unit Summit Synergy Ltd, had disposed of 100 million shares or its entire 10.9% stake via a direct business transaction.
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