XOX buys 29.4% stake in sports brand Cheetah for RM44.6mil

KUALA LUMPUR: Mobile communication firm XOX Bhd has proposed to acquire a 29.4% stake in sports apparel maker Cheetah Holdings Bhd for RM44.6mil cash.

The deal valued Cheetah at RM1.32 a share, XOX said in a filing with Bursa Malaysia today.

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