September 3, 2009

Sime Darby, Ramunia agree on RM530m price tag

Tags: fabrication yard | Ramunia Holdings | Sime Darby

Written by Joseph Chin
Thursday, 03 September 2009 19:23

KUALA LUMPUR: SIME DARBY BHD [] and RAMUNIA HOLDINGS BHD [] have agreed on the price consideration for the latter's shipyard and assets at RM530 million, a reduction of RM30 million from the RM560 million earlier.

The proposed acquisition included the Teluk Ramunia fabrication yard together with the assets from Ramunia and its unit Ramunia Optima Sdn Bhd.

In a separate statement, Ramunia said on Sept 3 that its board of directors had deliberated on Sime Darby's notification letter dated Aug 24 and had mutually agreeded to revised purchase price of RM530 million instead of the provisional RM560 million earlier.

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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