KUALA LUMPUR: MMC Corp Bhd is buying Tan Sri Syed Mokhtar Albukhary's entire 50% stake in a joint venture that is developing urban renewal project for the KL City Hall.
Under the deal, MMC Corp, in which Syed Mokhtar is a substantial shareholder, will acquire Tradewinds Corp Bhd's entire 50% stake in Retro Highlands Sdn Bhd for RM250mil cash.
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