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Albedo refutes Malaysian report of scuttled RTO deal

Report in The Star Online said to have triggered plunge in share price

Published Wed, Mar 19, 2014 · 10:00 PM
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A PLANNED reverse takeover (RTO) deal is still on, steel materials supplier Albedo said yesterday, refuting a Malaysian news portal report that it said could have caused the stock to tumble in the morning.

"The parties to the proposed acquisition have not reached an…

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