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In June of 1992, SEAP purchased a controlling interest in the Company (formerly Loewen, Ondaatje, McCutcheon Inc. TSE, ME, VSE: VOC) -- The Ondaatje Corporation announced today that it has been advised by The South East Asia Plantation Corporation Limited ("SEAP"), its principal shareholder, that SEAP is in discussions regarding the possible sale of some or all of the Company shares owned by SEAP. 5 percent of the Company's issued and outstanding shares, has been approached by a number of parties interested in purchasing from SEAP some or all of those shares. |
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