GUH unit sells renewable energy venture stake

PETALING JAYA: GUH Holdings Bhd’s 40%-owned associate, Leader GUH Renewable Energy Co Ltd, has proposed to dispose of its entire 60% equity interest of Yabisi Solar Power Co Ltd for a total cash consideration of 21,208,718 new Taiwan dollars (RM3.11mil).

In a filing with Bursa Malaysia yesterday, GUH noted a share purchase agreement has been signed with Hsinking Construction Co Ltd (the buyer) for this purpose.