Adventa Bhd plans to dispose of its entire stake in Electron Beam Sdn Bhd (E-Beam) to Synergy Sterilisation (M) Sdn Bhd (SSMSB), a wholly-owned unit of New York-listed STERIS Plc, for RM75 million, cash.
It has inked a conditional share sale agreement with SSMSB for the disposal, from which it expects to record a net gain of RM35.2 million, it said in a stock exchange filing today.
Stock: [ADVENTA]: ADVENTA BHD
2020-06-01 20:24 | Report Abuse
Adventa Bhd plans to dispose of its entire stake in Electron Beam Sdn Bhd (E-Beam) to Synergy Sterilisation (M) Sdn Bhd (SSMSB), a wholly-owned unit of New York-listed STERIS Plc, for RM75 million, cash.
It has inked a conditional share sale agreement with SSMSB for the disposal, from which it expects to record a net gain of RM35.2 million, it said in a stock exchange filing today.