BCM Alliance Berhad (KLSE:BCMALL) acquired a 3.96% stake in BSL Corporation Berhad (KLSE:BSLCORP) for MYR 4.4 million on August 24, 2021. Under the transaction, BCM Alliance Berhad acquired 3.8851 million shares of BSL Corporation Berhad. The acquisition is funded from internally generated funds of BCM Alliance Berhad. The acquisition will not have any effect on the share capital and the shareholdings of substantial shareholders of BCM Alliance Berhad. The acquisition will not have any material effect on the earnings per share, net assets per share and gearing of the BCM Group for the financial year ending December 31, 2021.

BCM Alliance Berhad (KLSE:BCMALL) completed the acquisition of a 3.96% stake in BSL Corporation Berhad (KLSE:BSLCORP) on August 24, 2021.