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PETALING JAYA: Muar Ban Lee Group Bhd (MBL) is selling its entire stake in its wholly owned unit Theron to XOX (Hong Kong) Ltd for RM19.25mil.
XOX is a unit of XOX Bhd which is principally involved in investment holding, a circular to the Bursa Malaysia said.
,,皇冠开户平台(www.hg9988.vip)是皇冠官方开户平台,开放皇冠信用网代理申请、信用网会员开户,线上投注的官方平台。
Theron, which is an investment holding company holds 98.09 million shares of Symphony Life Bhd.
“In this respect, the MBL group is expected to record a net pro forma gain on disposal of approximately RM48.89mil which expected to increase the net assets and earnings of the group,” it said.
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