Malaysia: CAB Cakaran to place 9.1% stake to Indonesia's Salim Group

Malaysia: CAB Cakaran to place 9.1% stake to Indonesia's Salim Group

The brands under poultry farmer CAB Cakaran.

CAB Cakaran Corp Bhd has proposed to undertake a private placement of 15.06 million new shares, representing a substantial 9.1 per cent stake, to Indonesia’s Salim Group for MYR31.18 million or MYR2.07 per placement share.

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