Sunsuria seeks to raise stake in Bangsar Hill Park Development


KUALA LUMPUR: Sunsuria Bhd has proposed to increase its equity interest in its subsidiary, Bangsar Hill Park Development Sdn Bhd (BHP Development), via a 33% stake purchase from Suez Capital Sdn Bhd and Dasar Temasek Sdn Bhd for RM71.4mil.

In a statement, the property developer said the equity purchase will increase its stake in BHP Development to 84% from the current 51%.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Charting next growth phase with ROAR30
Corporate bond market set to hit RM130bil-RM140bil
Benign inflation supports Malaysia growth outlook
Swift Energy unit bags contracts worth RM18mil
MyTech takeover bid turns unconditional�
Ancom Nylex reports better 2Q net profit
Positive response to IPO of One Gasmaster
ISF Group IPO oversubscribed by over 31 times
ICT Zone wins RM17.3mil tech contract
PJBumi buys drilling rigs for RM162mil

Others Also Read