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Selangor Dredging says Unit Entered into a Share Sale Agreement to Acquire 20% Equity Interest of Webcon Mining

Posted on May 11, 2017

Selangor Dredging Brief:

– Unit entered into a share sale agreement with Dato’ Sri Chee Yew Fei for acquiring 20% equity interest of Webcon Mining

– The total purchase consideration for the acquisition is rm20 million

– Acquisition shall not have any effect on share capital, substantial shareholdings, earnings of sdb group

Source: Reuters

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