CASA Unggul Sdn Bhd, which is controlled by Tong Kooi Ong, may raise its 28.2% stake in Sunrise Bhd to 38% under a put option with Tan Sri Lee Kim Yew.
Lee has a put option to sell a further 25.8 million ordinary shares in Sunrise to Casa Unggul for RM81.7mil or equivalent of RM3.16 per Sunrise share under a sale and purchase agreement entered into between the two parties.
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