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.

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