PETALING JAYA: Pacific & Orient Bhd
(P&O) and its subsidiary, Pacific & Orient Insurance Co, had disposed of 23.26 million Ancom Bhd shares for RM57.63mil.
P&O said the shares were disposed of via the open market and direct business transactions from Oct 27 to Nov 10.
“The proceeds from the disposal will be utilised to fund P&O group’s working capital,” it said.
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