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BRIEF-S P Setia updates on proposed acquisition of stake in I&P Group Sdn
June 22, 2017 / 12:27 PM / 2 months ago

BRIEF-S P Setia updates on proposed acquisition of stake in I&P Group Sdn

June 22 (Reuters) - S P Setia Bhd

* Entered share purchase agreement with Permodalan Nasional , Amanahraya Trustees and Dato’ Mohd. Nizam Bin Zainordin for proposed I&P acquisition

* Proposed I&P acquisition entails acquisition of 1 billion ordinary shares in I&P, from I&P vendors for a cash consideration of RM3.65 billion Source (bit.ly/2sEZ48b) Further company coverage:

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