Utusan to sell entire 40pc stake in Swan

KUALA LUMPUR: Utusan Melayu (Malaysia) Bhd is selling its entire 40 per cent stake in Swan Malaysia Sdn Bhd to Schwan-STABILO Schwanhäußer Finanzholding GMBH for RM31.8 million cash. The proposed disposal will enable Utusan to realise the gain on its investment of about RM3.62 million.

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Copyright: NSTP
Published on: 24 April 2015
Publication: New Straits Times
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Keywords
Investment
Swan
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