MMC buys Tradewinds stake in property developer for RM250mil 

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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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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MMC Corp , Syed Mokhtar Albukhary , Retro Highland , Tradewinds

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