June 23, 2011

Macrocept eyes shares in Cambodian firm


RGB International Bhd said its unit Macrocept Sdn Bhd (MCSB) is proposing to subscribe to 2.15 million rights shares in Cambodia’s Chateau De Bavet Club Co Ltd for US$10.79 million (RM32.37 million).

If the proposal goes through, the Cambodian entity will become a 70.74 per cent unit of MCSB.

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