PETALING JAYA: JAG Capital Bhd is disposing of its 30% stake in oil palm management firm Sinong Sepadu Sdn Bhd (SSSB) to Sinong Enterprise Sdn Bhd for RM44.3mil.

In a filing with Bursa Malaysia, JAG Capital said the purpose of the disposal was because the parties have different views and priorities on certain key matters relating to the affairs, operations and business of SSSB.