“The proposed acquisition represents an opportunity for the group to pursue its diversification strategy with a profitable fruit and vegetable plantation,” the company said in a bourse filing yesterday.
PETALING JAYA: XL Holdings Bhd
, an edible bird nest and arowana breeder, is buying a pineapple company for RM40mil cash.
“The proposed acquisition represents an opportunity for the group to pursue its diversification strategy with a profitable fruit and vegetable plantation,” the company said in a bourse filing yesterday.
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!
