Thursday 1 December 2011

MESB to sell 55% stake in Dynamic Comm

MESB Bhd has announced the proposed disposal of a 55 per cent equity interest in Dynamic Communication Link Sdn Bhd to Touch Mindscape Sdn Bhd for a total cash consideration of RM15 million.

It a statement today, MESB said the proposed disposal represents a good opportunity to realise its investment and unlock the value of Dynamic Communication, while having additional funds for working capital as well as future investments. -- Bernama



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