Indonesia DB: Panorama-JTB close deal; Eagle High share transfer to Felda begins

Panorama Sentrawisata (Panorama Group) announced today that the agreement to divest 30.1 per cent shares of its unit Panorama Tours Indonesia to Japan’s JTB Corporation has officially been met. Meanwhile, Malaysia’s Federal Land Development Authority (Felda) has reportedly begun the process of transferring shares of Eagle High Plantation to FIC Properties.

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