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Weida (M) Berhad Completes Disposal Of Interest In Bumi Suria Ventures Sdn Bhd And Maju Warisanmas Sdn Bhd To TH Plantations Berhad


Wednesday, 27 Feb 2013 04:55am EST 

Weida (M) Berhad announced that it has completed the disposal of its 7,500,000 Class B ordinary shares of MYR 1.00 each in Suria Ventures Sdn Bhd (BSV) representing 51.43% equity interest of BSV for an indicative cash consideration of MYR 109,290,807 and its 1,151,998 ordinary shares of MYR 1.00 each in Maju Warisanmas Sdn Bhd (MWM) representing 100% equity interest in MWM for an indicative cash consideration of MYR 42,081,000 to TH Plantations Berhad. 

Company Quote

1.79
-0.04 -2.19%
4:54am EDT