Media Selangor

Batu Kawan shares up on acquisition of CCM announcement

KUALA LUMPUR, Nov 18 — Batu Kawan Bhd’s shares on Bursa Malaysia was higher in the early session today, after announcing its proposed acquisition of a 56.3 per cent stake in Chemical Company of Malaysia Bhd (CCM) from Pemodalan Nasional Bhd (PNB) for RM293 million or RM3.10 per share.

Editor Selangor Journal

18 Nov 2020

PNB sells 56.3 pct stake in CCM to Batu Kawan for RM292.8 mln

KUALA LUMPUR, Nov 17 — Permodalan Nasional Bhd (PNB) and its unit trust funds are selling their combined 56.32 per cent stake in Chemical Company of Malaysia Bhd (CCM) to plantation and industrial chemicals group Batu Kawan Bhd (BKB) for RM292.79 million.

Editor Selangor Journal

17 Nov 2020

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