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BILT to Sell Stake in Loss-Making Sabah Forest in Malaysia

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Bilt had acquired the largest Malaysian paper firm for USD 261 million in 2007 July 6, 2015 India’s largest paper company Ballarpur Industries Ltd (Bilt) is planning to divest its entire 98.08 percent stake in the Malaysia-based step-down subsidiary Sabah Forest Industries Sdn, for an undisclosed amount, according to a......