In a filing with Bursa Malaysia, PMC said it has entered into a sale and purchase agreement to buy a 51% stake in A&W Malaysia. has proposed to buy a controlling stake in A&W Sdn Bhd for RM21.07mil from Inter Mark Resources Sdn Bhd.
In a filing with Bursa Malaysia, PMC said it has entered into a sale and purchase agreement to buy a 51% stake in A&W Malaysia. The purchase will be satisfied through a combination of RM11.57mil cash and 63.11 PMC shares at 15 sen apiece.PMC said the acquisition was expected to be completed by the third quarter of the financial year ending June 30, 2022.
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