PETALING JAYA: DRB-Hicom Bhd
has terminated its plan to sell 90% equity interest in Corwin Holding Pte Ltd, which owns the eight-level The Verge shopping mall in Singapore.
The conglomerate told Bursa Malaysia that its indirect unit – Hicom Megah Sdn Bhd – as well as the minority shareholders of Corwin who own the remaining 10% had sent a termination notice to the intended purchaser, Evolutyon Real Estate Investment Holding Pte Ltd.
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