O&C Resources buys 51% of Masbe Coffee, paves way for diversification into property development

KUALA LUMPUR (Oct 30): O&C Resources Bhd has acquired a substantial stake in Masbe Coffee Sdn Bhd (MCSB) for RM5 million, paving the way for the company to develop a piece of land on Jalan Yap Kwan Seng into a property development with a gross development value (GDV) of RM204.94 million.

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