Iskandar to buy 33.2pc of Tebrau Teguh

Publish date: Mon, 13 Feb 2012, 10:02 PM
Tebrau Teguh Bhd said Iskandar Waterfront Holdings Sdn Bhd agreed to buy a 33.2 per cent stake in the Malaysian property developer at 76 sen a share, according to a statement in Kuala Lumpur today.

Iskandar is buying the 220 million shares from Kumpulan Prasarana Rakyat Johor Sdn Bhd, Tebrau said. - Bloomberg

Labels: IWCITY

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Jake

Can you smell something fishy here?

2012-02-13 23:45

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