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ETA Group to dispose of stakes in two subsidiaries for RM22.73mil

PETALING JAYA: ETA Group Bhd has entered into a share sale agreement with VIP Bonanza Sdn Bhd to dispose of stakes in two subsidiaries for RM22.73mil cash.

The Star MalaysiaThe Star查看原文 ↗
ETA集团将以2273万令吉的价格出售其在两家子公司的股份。

The aggregate actual value of RRPTs, totalling RM130.2mil, has exceeded the estimated value stated in its circular to shareholders by 86%, the group disclosed.

PETALING JAYA: ETA Group Bhd has entered into a share sale agreement with VIP Bonanza Sdn Bhd to dispose of stakes in two subsidiaries for RM22.73mil cash.

The transaction involves the sale of a 38% equity interest in PT Rex Canning for RM14mil and the disposal of a 100% equity interest in Rex Foods Sdn Bhd for RM8.68mil.

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