SHAH ALAM, Malaysia, Jan 10 (Bernama) — Kumpulan Perangsang Selangor Berhad (“KPS Berhad” or the “Company” or the “Group”) (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) announced yesterday that its wholly owned subsidiary, Bold Approach Sdn Bhd (“Bold Approach”) has entered into a conditional share sale agreement (“SSA”) with AI Dream (HK) Limited to divest its 50% equity interest in Kaiserkorp Corporation Sdn Bhd (“Kaiserkorp”). Bn KPS Berhad is expected to realise approximately RM265.48 million from the divestment.
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