[%HOtj%] heads of agreement is out. no definitive details yet, so can't make any conclusions.

As speculated 1 year ago, it really is the Eramas group of companies. 

I guess they are still going back and forth about the valuation of the acquisition, thus being unable to come to a conclusion with definitive terms. 

The purchase will be either satisfied in cash or by issuance of new shares at RM 0.615 a share-- probably a mixture of both. 

It seems like the process might still take a while yet. 

[%EbFJ%] [%IQpW%]

$KLSE-SCGM heads of agreement is out. no definitive details yet, so can't make any conclusions.

As speculated 1 year ago, it really is the Eramas group of companies. 

I guess they are still going back and forth about the valuation of the acquisition, thus being unable to come to a conclusion with definitive terms. 

The purchase will be either satisfied in cash or by issuance of new shares at RM 0.615 a share-- probably a mixture of both. 

It seems like the process might still take a while yet. 

@zhiyang007 @khin87