BILT finds a new buyer for Sabah Forest Industries

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Indian papermaker Ballarpur Industries Limited (BILT) has found a new buyer for its Malaysian subsidiary Sabah Forest Industries (SFI). A statutory stock-exchange filing dated 5 April said that an agreement had been signed on the sale of all SFI’s assets to Pelangi Prestasi Sdn Bhd, a company owned by Malaysian ...

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