Dolphin sells stake in unit

TheStar Sat, Feb 01, 2020 09:30am - 4 years View Original


PETALING JAYA: DOLPHIN INTERNATIONAL BHD has entered into an agreement with ASIA POLY Green Energy Sdn Bhd to dispose of its 80% equity in its subsidiary Dolphin Biogas Sdn Bhd for RM2.1mil.

In a filing with Bursa Malaysia, the company said the proposed disposal would allow the group to unlock its non-core assets to alleviate its cash flow constraints and provide working capital for the group.
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