Boustead sells Klang cruise terminal to Westports, MMC 


KUALA LUMPUR: Boustead Holdings Bhd has entered into a RM230mil deal to dispose its entire stake in a cruise terminal in Klang, Selangor to new joint owners, Westports Holdings Bhd and MMC Corp Bhd.

Westports will acquire a 50% equity interest in Boustead Cruise Centre Sdn Bhd (BCC) for RM115mil cash, while MMC Corp, through a unit Klang Port Management Sdn Bhd will take the remaining 50% stake also for the same price of RM115mil.

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