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KINSTEL
Kinsteel Bhd
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Company Background
Ann Joo Resources Bhd’s 55% indirect subsidiary, Konsortia Etiqa Sdn Bhd (KESB), has acquired 102,000 shares in Perfect Channel Sdn Bhd (PCSB) from Kinsteel Bhd for RM10mil cash.
PETALING JAYA: Bursa Malaysia has rejected Kinsteel Bhd’s proposed regularisation plan given the plan’s heavy reliance on its subsidiaries financial performance.
