AE Multi eyes 18% of cruise operator

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AE Multi eyes 18% of cruise operator

Business & Market 2010

Written by The Edge Financial Daily

Friday, 29 January 2010 20:44

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KUALA LUMPUR: AE Multi Holdings Bhd is in talks to acquire 18% of British Virgin Islands-registered BL Holdings Ltd, which owns a cruise business.

AE Multi said on Friday, Jan 29 the investment is S$500,000 and is subject to the success of the negotiation and AE Multi board's approval.

BL Holdings is the sole owner of Ben's Entertainment City (HK) Ltd which owns a cruise business.

The company also said it was not aware of the reasons for the unusual price and volume movement of its shares for the past few days.

The Store reports variance over doubtful debt of RM10.8m< Prev		Next >No recall issue, UMW Toyota assures

Last Updated on Saturday, 30 January 2010 21:04

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