Malaysian PNB to sell 56% stake in chemicals firm for USD71 million

Malaysian PNB to sell 56% stake in chemicals firm for USD71 million
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

19.11.2020

MOSCOW (MRC) -- Permodalan Nasional Bhd (PNB), one of Malaysia's largest fund managers, said it will sell its entire 56.3% stake in Chemical Company of Malaysia Bhd (CCM) for 292.8 million ringgit (USD71.37 million), according to Hydrocarbonprocessing.CCM, a manufacturer and marketer of chlor-alkali chemicals and polymers chemicals used in rubber gloves, oleochemical, oil and petrochemica

Full article at mrcplast.com

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