Article: BRIEFING - ASIA JOINT VENTURES - MAY 18, 2001.

An executive briefing on joint ventures for May 18, 2001, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

GOLD COIN MALAYSIA TO ACQUIRE 65 PCT STAKE IN GAMING BUSINESS

KUALA LUMPUR - Gold Coin (Malaysia) Berhad (GCM) (KLSE:GDCS) announced that it has received two offer letters dated 11 May 2001 from Berjaya Land Berhad (BLand) (KLSE:BLAD) and Hornbill Timur Sdn Bhd (HTSB) for GCM to purchase a total of 65 per cent equity interest in Natural Avenue Sdn Bhd (NASB) for RM162.5 million (US$42.76 million) cash.

NASB, which was incorporated on 2 ...

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