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Reliance-Alpha deal
 
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Reliance-Alpha deal
Jan 25, 2011
NSTP
RELIANCE Pacific Bhd has entered into a conditional deal to sell several subsidiaries involved in outbound and inbound travel businesses to Alpha Vantage Sdn Bhd for RM52-23 million- The sale would help it focus on higher profit margin divisions such as property and hotel- It also said RM41-23 million from the sale will be used to cut borrowings- ...

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