Boldtek Holdings disposes stake in Boldtek Projects
It was sold to Yee Wei Meng.
Boldtek Holdings has disposed of its stake in Boldtek Projects for $230,000.
It sold its stake to Yee Wei Meng, managing director on the board of Fontern International Group and Transgrow Group.
Under the agreement, Yee must pay a $34,500 non-refundable deposit, which is 15% of the sale consideration, to Boldtek Holdings.
Yee will pay the remaining $195,500 upon the completion of the acquisition.