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

Reuters
13 Nov 2024

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

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

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