Sime unit sells whole stake in WPL


KUALA LUMPUR: Sime Darby Bhd said its wholly-owned subsidiary, Sime Darby Property Bhd, has disposed its entire shareholding in Weifang Property Ltd (WPL) for 199,384,302 yuan (RM96.55mil).

The disposal involves the sale of 100 shares of HK$1 each in WPL to Hongrun Holdings Ltd, Sime Darby said in a filing with Bursa Malaysia yesterday. — Bernama

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Business , Business , sime darby , weifang , bursa

   

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