KUALA LUMPUR (Dec 10): Shareholders of TSR Capital Bhd gave the nod for the related-party disposal of 70% in its 17-storey flagship Menara TSR to a company linked to its deputy executive chairman Tan Sri Lim Kang Yew.

At TSR Capital's extraordinary general meeting (EGM) today, all shareholders approved the 70% stake sale in U-Ni Magna Sdn Bhd for RM18.59 million cash to Ivory Code Sdn Bhd, in which Lim owns 25%.