Chuan Huat sells entire stake in AISB for RM3.2m
KUALA LUMPUR (Sept 24): Building material supplier Chuan Huat Resources Bhd has disposed of its entire 6.03% indirect stake in loss-making Amalgamated Industrial Steel Bhd (AISB) to privately held Telaxis Sdn Bhd for RM3.15 million or 38 sen per share.
The disposal will give rise to a gain of RM1.24 million.
……Read full article on The Edge Markets - Malaysia
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