Goodwill buys Orient holding

PUBLISHED : Tuesday, 06 July, 1993, 12:00am
UPDATED : Tuesday, 06 July, 1993, 12:00am

GOODWILL International (Holdings) under its wholly owned subsidiary Joinasset has bought 46.5 million shares from property investment and mining group Grand Orient at $2.80 per share.


The acquisition represents 32 per cent of Grand Orient's issued share capital.


Goodwill does not intend increasing its holding to more than 35 per cent.


 

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