Puncak Niaga sells entire equity interest in ZWSB

PETALING JAYA: Puncak Niaga Holdings Bhd’s wholly-owned subsidiary, TRIplc Bhd, has entered into a share sale agreement with Jinze Sdn Bhd on Aug 21, 2024 for the disposal of 202,500 ordinary shares representing 4.5% equity interest in Zuriat Watan Sdn Bhd (ZWSB) for a disposal price of RM3.58mil.

In a filing with Bursa Malaysia, Puncak Niaga said TRIplc had also entered into a separate share sale agreement with Leeway Holdings Sdn Bhd, DB Enneadrakon Group (M) Sdn Bhd and Sheng Dar Holding Sdn Bhd on Aug 27, 2024.