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Business 29 Oct 2003 | 12:00 AM

Auto Bavaria sells used cars

AUTO Bavaria, the authorised dealer of BMWs in Malaysia, has opened the Auto Bavaria Approved Cars Centre in Sungai Besi to tap the growing demand for good quality used BMWs.

Corporate News 05 Mar 2019 | 12:00 AM

Sunway sells shares in four firms for RM470mil

PETALING JAYA: Sunway Bhd has disposed of shares in four companies to wholly owned subsidiary Sunway City Sdn Bhd (SunCity) for RM469.25mil as part of a proposed reorganisation exercise.

Corporate News 24 Jan 2019 | 12:00 AM

CIMB sells stake in CHIB

KUALA LUMPUR: CIMB Group Holdings Bhd is selling its entire 51% stake in CIMB Howden Insurance Brokers Sdn Bhd (CHIB) for RM59.6mil as it seeks to focus on its core operations.

Corporate News 10 Jan 2019 | 12:00 AM

Connectcountry sells stake in Rapid Power for RM1.4mil

PETALING JAYA: Connectcountry Holdings Bhd has disposed of its 31% stake in Shenzhen Rapid Power Co Ltd (Rapid Power) for a total disposal consideration of 2.33 million yuan (RM1.4mil).

Corporate News 07 May 2018 | 11:02 PM

Billionaire investor Carl Icahn sells US$2.78bil stake in AIG

NEW YORK: Billionaire investor Carl Icahn has sold his stake in American International Group Inc, ending a more than two-year association with one of the largest U.S. property and casualty insurers, according to a person familiar with the matter.

Corporate News 30 Jan 2018 | 3:51 AM

Dalian Wanda sells US$5.4b stake in property arm

SHANGHAI: Dalian Wanda Group Co. said it is selling a 34 billion yuan ($5.4 billion) stake in its property arm to a group of investors and “will strive to take the company public as soon as possible,” easing pressure on the conglomerate to meet a listing deadline.

Property 19 Dec 2017 | 12:00 AM

Fosun sells Sydney office tower for US$115mil

SHANGHAI: Chinese conglomerate Fosun Group, the aggressive dealmaker facing government scrutiny over its overseas acquisitions, has sold out of its first Sydney property investment.

Telcos 16 May 2017 | 12:00 AM

Vodafone sells US$2.6bil Safaricom stake

Johannesburg: Vodafone Group Plc is simplifying its holdings in sub-Saharan Africa, selling a US$2.6bil stake in Kenya’s Safaricom Ltd to its majority-owned Vodacom Group Ltd.

Corporate News 12 Apr 2017 | 2:02 PM

Lion Industries sells office building to Yinson to set off debts

KUALA LUMPUR: Lion Industries Corp Bhd is selling its office building in Klang to Yinson Corp Sdn Bhd for RM47.7mil through a sale and leaseback arrangement.

Corporate News 14 Mar 2017 | 11:03 PM

Ackman's Pershing Square sells Valeant stake, takes US$3bil loss

BOSTON: Billionaire investor William Ackman walked away from Valeant Pharmaceuticals International Inc on Monday with a loss of more than $3 billion as he sold his entire stake in the struggling drug company after trying to rescue it for some 18 months