The acquisition by Iskandar Waterfront Holdings Sdn Bhd (“IWH”) of 76,500,000 ordinary shares of par value of RM0.20 each in PLS Plantations Berhad from Kumpulan Prasarana Rakyat Johor Sdn Bhd is completed.
Credence Resources Sdn Bhd is the holder of more than 15% of the voting shares of IWH.