PETALING JAYA: Encorp Bhd is expected to gain RM8.7mil or 3 sen per ordinary share from the disposal of its unit Encorp Construct Sdn Bhd (ECSB).
In a filing with the stock exchange yesterday, Encorp said the disposal was part of a rationalisation and restructuring exercise undertaken by Encorp Group to do away with its non-core and loss-making subsidiary.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!