MT Newswires Live12:35
Insas (KLSE:INSAS) will seek shareholders' approval to dispose of up to 218.1 million shares in Inari Amertron (KLSE:INARI), equivalent to a 5.65% stake, according to a Friday filing with Bursa Malaysia.
The proposed disposal will be carried out in one or more tranches through the open market and/or third-party buyers.
If approved, the mandate will be valid for 12 months. Upon disposal of all the shares, Insas will cease to hold an equity interest in Inari.
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