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Tuesday, 12 June 2018

(The Star) One Sierra sells stake in Meda

PETALING JAYA: One Sierra Sdn Bhd has dispose of its entire 6.9% stake in Meda Inc Bhd.

In a filing with Bursa Malaysia yesterday, the property developer said One Sierra had sold its 33.45 million stake last Friday.

Meda was listed on the Main Board of Bursa Malaysia in 2002.

Among the company’s completed property projects are The Summit Subang USJ, The Summit Bukit Mertajam, Aman Larkin, 10 Semantan and The Arc@Cyberjaya, according to its annual report.

Meda’s shares closed three sen higher to 38.5 sen yesterday.