Dolphin sells stake in unit

PETALING JAYA: Dolphin International Bhd has entered into an agreement with Asia Poly Green Energy Sdn Bhd to dispose of its 80% equity in its subsidiary Dolphin Biogas Sdn Bhd for RM2.1mil.

In a filing with Bursa Malaysia, the company said the proposed disposal would allow the group to unlock its non-core assets to alleviate its cash flow constraints and provide working capital for the group.