Article: Malaysia: WWE plans to buy packaging firm.

Byline: pinto03

WWE Holdings Bhd has proposed to acquire a packaging and printing company, Seribu Emas Bhd, for RM128mil under its restructuring plan.

The acquisition is to be satisfied via payment of RM15mil cash and the issuance of 226 million new shares in a new company (newco) at 50 sen each.

The proposed acquisition of Seribu Emas is an integral part of WWE s restructuring and ...

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