<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 6): Green Packet Bhd's wholly-owned subsidiary Packet Interactive Sdn Bhd (PISB) has completed the acquisition of an 80% stake in e-payment firm WebOnline Dot Com Sdn Bhd for RM9 million.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia today, Green Packet said PISB completed the purchase of 1.15 million WebOnline shares at RM5.22 per share for RM6 million in total.</p></div>

<div class=newsTextDataWrapInner><p>Simultaneously with the purchase, PISB also completed the subscription of 450,000 new shares in WebOnline for RM3 million, or RM6.66 per share. Green Packet funded the acquisition via internal funds.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The completion of the share subscription, together with the share acquisition, represents 80% of the issued and paid-up share capital of WebOnline.</p></div>

<div class=newsTextDataWrapInner><p>According to its website, WebOnline is an e-money issuer that powers Webcash, which it claims is the fastest growing e-wallet in Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>Green Packet was the second most actively traded counter on Bursa Malaysia today, with a trading volume of 61.79 million shares, far exceeding its 200-day average trading volume of 4.55 million shares.</p></div>

<div class=newsTextDataWrapInner><p>The counter closed unchanged at 30.5 sen today, for a market capitalisation of RM208.24 million.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>


KUALA LUMPUR (Jan 6): Green Packet Bhd's wholly-owned subsidiary Packet Interactive Sdn Bhd (PISB) has completed the acquisition of an 80% stake in e-payment firm WebOnline Dot Com Sdn Bhd for RM9 million.

In a filing with Bursa Malaysia today, Green Packet said PISB completed the purch...

Green Packet secures 80% stake in e-payment firm WebOnline for RM9 mil

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<p>Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports Israel attacked Iran in a continuing series of assaults that have increased concerns of a wider Middle East conflict.</p>


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<p>Shares of Sapura Energy Bhd will be suspended from trading pending an announcement, the company said on Friday.</p>


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