KUALA LUMPUR: Vertice Bhd has proposed to dispose of 40% equity interest in Kumpulan Voir Sdn Bhd for RM9mil cash.
In a filing with Bursa Malaysia, the construction group said it had entered into a share sale agreement with Distinct Seasons Sdn Bhd for the proposed disposal.
Upon completion of the proposed disposal, Kumpulan Voir will cease to be an associate company of Vertice.
The principal activities of Kumpulan Voir are in designing, branding and retailing of fashionable ladies’ apparel, footwear and accessories and in property and investment holding activities.
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