PETALING JAYA: UCI Resources Bhd will buy a 5% stake in property developer Opus Development Sdn Bhd (ODSB) for RM1mil cash from Liew Thiam Leong.
The deal is deemed as a related party transaction as Liew is the managing director and major shareholder of UCI, with a 51.5% in the group.
Liew owns 13% in ODSB, which has its registered office at Suite 1712, 17th Floor, Plaza Permata, Jalan Kampar, Kuala Lumpur.
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