• Mon
  • Dec 29, 2014
  • Updated: 7:48am

$9.4m transfer

PUBLISHED : Thursday, 01 April, 1993, 12:00am
UPDATED : Thursday, 01 April, 1993, 12:00am

IN a connected transaction under the listing rules of the stock exchange, RJP Electronics has entered a provisional agreement to transfer ownership of a warehouse for market value of $9.4 million to a company beneficially owned by RJP's major shareholdersand family. The group intends to relocate warehousing facilities to its operations in China to reduce overheads.


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