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LOW-profile Greenyield Bhd recently made news when it proposed a related party transaction (RPT) that would see it fork out around RM88mil for more plantation land in far flung Papua New Guinea (PNG).
KUALA LUMPUR: Greenyield Bhd has proposed to acquire 65 per cent equity interest in Greenyield Rubber Holdings (M) Ltd (GRHM) for RM87.8 million in a related party transaction, "subject to adjustments as set out in the share sale agreement.”
KUALA LUMPUR: Greenyield Bhd has obtained approval from its shareholders to acquire a 65% equity interest in Greenyield Rubber Holdings (M) Ltd (GRHM) for RM87.8mil.
KUALA LUMPUR: Greenyield Bhd has proposed a deal, deemed as a related party transaction, to pay up to RM87.8mil for a 65% stake in Greenyield Rubber Holdings (M) Ltd or GRHM in Papua New Guinea (PNG).
KUALA LUMPUR: Stocks to watch for on Tuesday include Press Metal, Ancom, Nylex, LBS Bina, Gabungan AQRS, TDM, Sumatec Resources, Greenyield and Jankun International, said JF Apex Research.
KUALA LUMPUR: The domestic market rebounded on the back of Wall Street's strong performance as investors digested news that the US Federal Reserve may start hiking interest rates sooner than expected.
KUALA LUMPUR: The FBM KLCI backed away from the 1,600 psychological resistance on Thursday after a two-day advance as market sentiment remained capped by the ongoing full lockdown and elevated number of Covid-19 infections.
