PETALING JAYA: Boustead Holdings Bhd is expected to realise a net gain of RM194.46mil from the proposed sale of its entire 30% stake in property development company Jendela Hikmat Sdn Bhd (JHSB).
In a filing with Bursa Malaysia, the diversified conglomerate announced its plan to dispose of its interests in JHSB for a cash consideration of RM180mil.
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