BRIEF-Ovanti Updates On Proposed Sale Of Ovanti's 21% Stake In IDSB

Reuters

2024/11/13

Nov 13 (Reuters) - Ovanti Ltd :

* OVANTI LTD-UPDATE ON PROPOSED SALE OF OVANTI'S 21% STAKE IN IDSB

* RECEIVED FORMAL RESPONSE & ACCEPTANCE FROM I.DESTINASI.SDN BHD. FOR THE SALE OF THE CO'S 21% STAKE IN THE BUSINESS

* TRANSACTION WILL NOW INVOLVE IDBS BUYING BACK COMPANY'S SHARES FOR 40 MILLION RGT

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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FOR THE SALE OF THE  CO'S 21% STAKE IN THE BUSINESS   * TRANSACTION WILL NOW INVOLVE IDBS BUYING BACK COMPANY'S SHARES FOR 40 MILLION RGTFurther company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}