ug环球360:Muar Ban Lee sells entire stake of unit to XOX
XOX is a unit of XOX Bhd which is principally involved in investment holding, a circular to the Bursa Malaysia said.ug环球360（www.ugbet.us）开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。
PETALING JAYA: Muar Ban Lee Group Bhd (MBL) is selling its entire stake in its wholly owned unit Theron to XOX (Hong Kong) Ltd for RM19.25mil.
XOX is a unit of XOX Bhd which is principally involved in investment holding, a circular to the Bursa Malaysia said.,
Theron, which is an investment holding company holds 98.09 million shares of Symphony Life Bhd.
“In this respect, the MBL group is expected to record a net pro forma gain on disposal of approximately RM48.89mil which expected to increase the net assets and earnings of the group,” it said.