KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd
’s (KPS) wholly-owned unit Bold Approach Sdn Bhd and Yeoh Jin Hoe have signed a conditional share sale agreement with AI Dream (HK) Ltd for proposed divestments of shares in Kaiserkorp Corporation Sdn Bhd for RM265.48 million cash.
In a filing to Bursa Malaysia today, the company said the proposed disposal would involve Bold Approach divesting its 44.62 million ordinary shares in Kaiserkorp, representing its 50 per cent equity interest in the company to AI Dream.
