MMAG disposes of 30% equity interest, warrants in MSCM for RM18.84mil


KUALA LUMPUR: MMAG Holdings Bhd is disposing of its entire shareholding and warrants in associate company MSCM Holdings Bhd for a total cash sum of RM18.84mil.

In a filing with Bursa Malaysia, the group said it had entered into a share sale agreement to dispose of 95.21 million shares or about 30% stake in MSCM Holdings Bhd to Hong Seng Assembly Sdn Bhd for RM18.09mil.

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MMAG , MSCM , Dynaciate Group

   

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