WCE Holdings to dispose of 40% stake in RPSB for RM494mil
PETALING JAYA: WCE Holdings Bhd is proposing to dispose of its entire 40% equity interest in Radiant Pillar Sdn Bhd (RPSB) to IJM Properties Sdn Bhd for RM494mil.
Source: thestar.com.my
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PETALING JAYA: WCE Holdings Bhd is proposing to dispose of its entire 40% equity interest in Radiant Pillar Sdn Bhd (RPSB) to IJM Properties Sdn Bhd for RM494mil.
Almost all issues that have plagued WCE's biggest project have been resolved.
IJM Corp Bhd turned profitable in the second quarter ended Sept 30, 2022 (2QFY2023), with a net profit of RM27.03 million from its continuing operations, compared with a net loss of RM29.32 million in the prior year.