Published: 19 August 2013

A cash-rich Malaysian-based private equity fund has snapped more than a tenth of CBZ issued shares in a special bargain deal worth $8.3 million.

Close sources said Safari Quantum bought 55.67 million CBZ shares at a price of 15c.

The special bargain deal comes barely a week after the banking group announced that it had issued a $10 million convertible debenture that was fully taken up by foreign investor.
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