Anuar new substantial shareholder of Wijaya Baru


PETALING JAYA: Wijaya Baru Global Bhd’s substantial shareholder Datuk Seri Tiong King Sing has sold his entire stake in the group to Anuar Adam, who heads the Maxcorp group of companies.

A Bursa Malaysia filing showed that Anuar had on Thursday bought a 30.88% stake in Wijaya Baru from the Sarawakian tycoon for 95 sen per share, which works out to about RM84.08mil in total.

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