PETALING JAYA: Bonia Corp Bhd has entered into a conditional share sale agreement with its major shareholder and group executive chairman Chiang Sang Sem for the 100% equity interest in Maha Asia Capital Sdn Bhd for RM2.49mil.
The proposed disposal is deemed a related party transaction in view of the interest of Chiang, who owns some 46.81% of Bonia.
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!