KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) is selling its 30% stake in an expressway concessionaire to Ekovest Bhd for RM228mil cash.
MRCB said on Wednesday it was disposing of its 30% stake in Nuzen Corporation Sdn Bhd, RM58.5mil preference shares and RM54mil junior bonds in Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi).
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!