VGI in Malaysian deal
VGI Global Media Plc(VGI) has signed an agreement to purchase 4,281,277 ordinary shares (par value : 1 ringgit each), or 25 per cent of the issued shares, in Puncak Berlian Sdh Bhd (PBSB) from Redberry Sdn Bhd, an existing shareholder, at the cost of 13,154,175 ringgit (approx Bt105.23 million) recently.
Puncak Berlian Sdn Bhd is a provider of out-of-home (OOH) advertising solutions in Malaysia.
In its latest move to increase its presence in Asean’s OOH advertising market, VGI’s chairman of the executive committee Kavin Kanjanapas, said.
The signing ceremony was also attended by Keeree Kanjanapas, VGI’s Chairman.
