Tuesday, February 25, 2014
AusGroup
AusGroup: said that its proposed acquisition of shares in Kebun Sedenak Sdn Bhd and Tropik Sentosa Sdn Bhd have been terminated.
Last May, the company had agreed to purchase 100% of both companies - which at the time own ~410 ha of freehold land in Iskandar Malaysia, with plans to buy more - in a proposed RTO deal which would land AusGroup a listing on the ASX.
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