Johan to reap RM26mil gain from unit sale


KUALA LUMPUR: Johan Holdings Bhd expects to recognise net gain of RM25.54mil from the sale of 66.08% of Singapore-listed Jacks International Ltd.

It said yesterday that it was selling the 19.82 million shares at 80 Singapore cents each for a total sale consideration of S$15.86mil (RM48.72mil) to Creative Elite Holdings Ltd.

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Business , johan , singapore , jacks

   

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