KEuro to sell 10% stake in Radiant Pillar to IJM Land

  • Business Premium
  • Tuesday, 13 Aug 2013

PETALING JAYA: Kumpulan Europlus Bhd has proposed to dispose of 10% equity interest in Radiant Pillar Sdn Bhd to IJM Land Bhd for RM52.5mil in cash.

KEuro told Bursa Malaysia that its indirect subsidiary KEB Builders Sdn Bhd entered into a conditional share sale agreement with IJM Properties Sdn Bhd, a unit of IJM Land, for its 10% stake in Radiant Pillar.

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