Malaysia Digest: PPB Group closes Hillcrest deal; Priceworth to buy Sabah concession

Malaysia Digest: PPB Group closes Hillcrest deal; Priceworth to buy Sabah concession

Kuala Lumpur, Malaysia. Photo: Pixabay

PPB Group on Tuesday completed the acquisition of the Armed Forces Fund Board’s 16.8 per cent stake in Hillcrest Gardens Sdn Bhd while Priceworth International Bhd has secured shareholder approval to acquire Sabah forest management concession for RM260 million ($65.52 million).

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