WILL RAMUNIA RALLLY TOMOLO, LET's WAIT AND SEE.
Written by Joseph Chin
Monday, 05 April 2010 19:25
KUALA LUMPUR: RAMUNIA HOLDINGS BHD []'s proposed disposal of its Teluk Ramunia yard to SIME DARBY BHD []'s unit Sime Darby Engineering Sdn Bhd for RM530 million cash has gone through.
Ramunia said on Monday, April 5 the conditions under the definitive sale and purchase agreement (SPA) dated Aug 3, 2009 have been fulfilled.
"Pursuant thereto, the SPA is now unconditional and the parties will proceed to take the necessary actions to complete the proposed disposal," it said.
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