KUALA LUMPUR: Sime Darby Bhd’s unit has completed the sale of its entire stake in Malaysia Land Development Company Bhd (MLDC) to Datuk Seri Tong Seech Wi for RM1 cash consideration.
It said in a statement yesterday that Sime Darby Property Bhd had sold the stake, comprising of 5.069 million shares, under the share sale agreement on April 3.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!