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 Corp Sdn Bhd for RM265.48mil cash.
In a filing to Bursa Malaysia yesterday, the company said the proposed disposal would involve Bold Approach divesting its 44.62 million ordinary shares in Kaiserkorp, representing its 50% equity interest in the company to AI Dream.
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