KUALA LUMPUR, June 2 — DRB-HICOM Bhd has entered into a share sale and purchase agreement with Enigma Permata Sdn Bhd (EPSB) to acquire the remaining 49 per cent shareholding in Media City Ventures Sdn Bhd (MCVSB) not owned by DRB-HICOM, for RM100 million. In a filing with Bursa Malaysia,...
Tuesday, 02 Jun 2020 06:40 PM MYT
In a filing with Bursa Malaysia, DRB-HICOM said the remaining shareholding comprised 49,000 ordinary shares in MCVSB from EPSB. Being the existing 51 per cent shareholder in MCVSB, it has been managing the MCVSB Group and does not foresee any additional nor new risks arising from the proposed acquisition.
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