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The Star (Malaysia): Sime Darby says no offer to sell Palmco shares for IOI stake.

Chemical Business Newsbase

| February 05, 2002 | COPYRIGHT 2000 Elsevier Engineering Information, Inc. (Hide copyright information)Copyright

In Malaysia, Sime Darby Bhd and IOI Corp Bhd have both denied any offer by Sime Darby to sell down its Palmco Holdings Bhd shares in exchange for a substantial stake in IOI Corp. Trading in Palmco shares have been suspended since the company cannot …

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