An unknown buyer acquired unknown minority stake in HMRC Sdn Bhd, Havana Dining KL and HRC East Sdn Bhd from HRC World Plc (CPSE:HRC) for MYR 8.2 million on December 30, 2021. The funds raised from this divestment will be used to finance the working capital needs of the Company for the year ahead. The Company’s equity stake in each of these companies thereby reduces from between 40% and 45% to 19%. An unknown buyer completed the acquisition of minority stake in HMRC Sdn Bhd, Havana Dining KL and HRC East Sdn Bhd from HRC World Plc (CPSE:HRC) on December 30, 2021.