June 23, 2011

Macrocept eyes shares in Cambodian firm

[BUSINESS TIMES]

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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