Malaysian equipment vendor Green Packet Berhad (GPB) has, through its wholly owned domestically registered Packet One Bhd (P1) subsidiary, sold its 70% stake in Singaporean wireless broadband provider and consultancy and solutions firm Packet One Singapore (P1s) to Green Packet director Dr Tang Pen San. The two sides entered into a share sale agreement for 700,000 ordinary shares in P1s on 19 April 2012; the total cash consideration of the deal was MYR2.45 (USD0.80)
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OVETEL GPB offloads P1s; unit renamed Mobiliti One
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