News blog

Resource Holding Management Ltd

  • BY: Andrew Hore |
  • POSTED: 02/01/2014 |

Asia-focused media services provider Resource Holding Management has completed the reversal of its media services business into PUC Founder (MSC) Berhad in return for 750m shares.

This deal was announced in November 2010 and it will leave Resource as a holding company with a 62.5% stake in Founder - following the placing of some shares and the use of others to satisfy previously issued convertibles. The shares are quoted on the ACE Market in Malaysia.

At 15.25p a share, Resource is valued at £6.85m.

Download the latest AIM Journal from http://wwww.hubinvest.com/AIMPDFDecember2013_51.pdf

© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds