PETALING JAYA: MMAG Holding Bhd has entered into a share sale agreement with CSH Alliance Bhd for the acquisition of 5.4 million ordinary shares in Line Clear Express & Logistics Sdn Bhd (LCEL) for RM8.25mil cash.
The agreement represents 5.34% of the equity interest in LCEL and was entered via MMAG’s wholly owned subsidiary, Line Clear Ventures Holdings Sdn Bhd (LCVH), on Oct 4, 2023.
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