PETALING JAYA: Jaya Tiasa Holdings Bhd
(JTH) is acquiring a 55% stake in Wealth Houses Development Sdn Bhd (WHD), which owns a 5,967 hectare piece of leasehold land in Sarawak, for RM52.3mil.
In a filing with Bursa Malaysia, JTH said it had entered into a conditional share sale agreement with Tiong Toh Siong Holdings Sdn Bhd, Tiong Toh Siong Enterprises Sdn Bhd and Knightbridge Venture Sdn Bhd for the acquisition.
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