KUALA LUMPUR: Magma Group Bhd
's wholly-owned subsidiary Astaka Mekar Sdn Bhd and KLCC (Holdings) Sdn Bhd will dispose of their combined 100% equity interest in Heritage Lane Sdn Bhd, the holding company of Impiana KLCC Hotel, to Harum Aspirasi Sdn Bhd for RM315mil cash.
The group said in a bourse filing that Astaka Mekar, which has a 20% stake in Heritage Lane, will be entitled to about RM63mil of the disposal consideration.
