by TMR / pic credit: hongseng.com.my

HONG Seng Consolidated Bhd entered into a Shares Sale Agreement with Robust Potential Sdn Bhd for the disposal of 2 mil ordinary shares representing 100% of the equity interest in Hong Seng Priority Management Sdn Bhd for a total cash consideration of RM34.50 million resulting in an estimated gain of  approximately RM31.20 million.