KUALA LUMPUR: Hap Seng Consolidated Bhd is reducing its exposure to the Vietnam car market by selling a 51% stake in Hap Seng Star (Vietnam) Sdn Bhd to a Hong Kong company for RM153mil.
It said on Monday it was selling the stake to Prestige Sports Cars (HK) Ltd and it also had an option to sell the remaining 49% in Hap Seng Star for RM147mil.
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