Majuperak to buy 51% of Nexusbase


PETALING JAYA: Majuperak Holdings Bhd (MHB) has announced that it has entered into a share sale agreement (SSA) with Sloane Infinity Asia Pacific Sdn Bhd to purchase 35,561 ordinary Nexusbase Development Sdn Bhd (NDSB) shares for RM12.5mil.

The acquisition represents a 51% equity interest in NDSB.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MajuPerak , Nexusbase

Next In Business News

The 3-minute lifesaver
Property buyers turn cautious
Decoding KL's prime office surge
AI mania turns industrials into chip stocks
MSCI index trim raises market concerns
EMs stronger than before
Nike CEO trailing behind
Ancient porcelain capital shapes future
Intel’s US$440bil surge draws short sellers
Buying into a new age

Others Also Read