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Corporate News 29 Dec 2015 | 7:03 PM

Bursa highlights for Tues, Dec 29

Companies that made notable announcements to Bursa Malaysia on Tuesday were Berjaya Corp, Boustead Holdings, Box-Pak (M), Kim Teck Cheong Consolidated, Pavilion REIT and Petaling Tin.

Corporate News 29 Dec 2015 | 10:31 AM

Boustead sells 30% stake in property firm for RM180mil

KUALA LUMPUR: Boustead Holdings Bhd is selling its entire 30% stake in property company Jendela Hikmat Sdn Bhd – which owns 577.58 acres of land in Selangor and in Kuching valued at RM857.95mil -- to Cascara Sdn Bhd for RM180mil cash consideration.