F&N's unit to acquire entire shares in Ladang Permai Damai for RM215.59mil cash


KUALA LUMPUR: Fraser and Neave Holdings Bhd’s (F&N) indirect 65 per cent-owned subsidiary, Dagang Sejahtera Sdn Bhd (DSSB), is acquiring the entire shares in Ladang Permai Damai Sdn Bhd for RM215.59 million cash.

In a filing with Bursa Malaysia today, F&N said following the proposed acquisition, DSSB has entered into a conditional share sale agreement with Dupont and Leosk Enterprises Sdn Bhd and Malaysia Nominees (Tempatan) Sdn Bhd.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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!

F&N , acquisition , DSSB , fresh milk , dairy farm

   

Next In Business News

Tengku Zafrul: ADIA to play crucial role in MAHB transformation
MNRB appoints Wan Ahmad Najib as president and CEO of Takaful Ikhlas Family
Kimlun disposes of land for RM55mil
Harvest Miracle’s rights issue oversubscribed by more than 20%
ADIA to increase investments, create greater value in investments in Malaysia
Solarvest buys 3 pieces of land in Kedah for RM19.99mil
OCBC Malaysia named Best Green Data Centre 2024
Yinson nears deal with investors including Abu Dhabi for US$1bil funding
Xin Hwa subsidiary resumes operations after license suspension
Infomina wins RM13mil order from PCCW Group for tech support services

Others Also Read