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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
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.
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