Luen Heng old company lah...our family use to buy liquor from them in Petaling Street. They are the largest alcohol distributor in Msia. Octopus Group is the largest liquor and wine distributor in Singapore. It is so good to see a Malaysian company buying over a large Singaporean company making GNB a regional player in the liquor and spirit distribution business. Based on my analysis of the negative shareholder funds of GNB, it looks like the deal can be done without a capital reduction for existing shareholder. Octopus Group turnover over SGD 1 bil a year I heard
Stock: [SSB8]: SOUTHERN SCORE BUILDERS BERHAD
2019-05-15 20:21 | Report Abuse
Luen Heng old company lah...our family use to buy liquor from them in Petaling Street. They are the largest alcohol distributor in Msia. Octopus Group is the largest liquor and wine distributor in Singapore. It is so good to see a Malaysian company buying over a large Singaporean company making GNB a regional player in the liquor and spirit distribution business. Based on my analysis of the negative shareholder funds of GNB, it looks like the deal can be done without a capital reduction for existing shareholder. Octopus Group turnover over SGD 1 bil a year I heard