Sime, Ramunia extend signing to Aug 3

Tags: Ramunia | Sime Darby

Written by Joseph Chin

Friday, 03 July 2009 18:42

KUALA LUMPUR: Sime Darby’s unit and RAMUNIA HOLDINGS BHD [] have extended the signing of the definitive sale and purchase agreement from July 3 to Aug 3.

Sime said on July 3 the extension was made at the request of Sime Darby Engineering Sdn Bhd (SDE).

Under the agreement, SDE would acquire the business and undertaking, including the assets and liabilities of Ramunia for a total provisional purchase consideration of RM232.0 million.

However, this would also hinge on a due diligence inquiry to be undertaken on Ramunia.

#Weekend diary* What to expect July 4 - 6, 2009< Prev		Next >TM, UEM Land extend Nusajaya partnership for another year

Last Updated on Saturday, 04 July 2009 13:50

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