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Lion Industries gets higher amount of RM697 74mil from disposal of Antara Steel

KUALA LUMPUR: Lion Industries Corporation Bhd (LICB) said the "final adjusted consideration” from the disposal of its unit Antara Steel Mills Sdn Bhd had increased by RM26.15 million to RM697.74 million (US$165.63 million).

Lion Industries gets higher amount of RM697 74m from disposal of Antara Steel Mills | Money

KUALA LUMPUR, April 8 Lion Industries Corporation Bhd (LICB) said the “final adjusted consideration” from the disposal of its unit Antara Steel Mills Sdn Bhd had increased by RM26.15 million to RM697.74 million (US$165.63 million). Total proceeds had increased due to the different exchange.

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