Berjaya Corp sells 4.14% stake in REDtone for RM29.76mil


KUALA LUMPUR: Berjaya Corporation Bhd’s (BCorp) 100 per cent-owned subsidiary Juara Sejati Sdn Bhd (JSS) has disposed of 32 million shares representing about 4.14 per cent equity interest in Redtone Digital Bhd for RM29.76 million or 93 sen per share.

In a filing with Bursa Malaysia, BCorp said that following the disposal which made via a direct business transaction, BCorp and its subsidiaries now hold a total of 283.28 million shares, representing about 36.65 per cent equity interest, in REDtone.

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Berjaya , REDtone , disposal , BCorp

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