Business : Mudajaya Unit To Sell 45 Pct Stake In Real Jade For RM118.45 Mln To Offset Debt

KUALA LUMPUR, May 28 (Bernama) -- Mudajaya Group Bhd’s indirect wholly owned subsidiary, Xelmont Ltd, is disposing of its 45 per cent equity interest in Real Jade Ltd to Minyi Holdings Ltd (MHL) for HK$234 million (RM118.45 million).

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