Rinani Signs Share Sale Agreement for KLCFC
PETALING JAYA, Malaysia, Mar 2, 2023 - (ACN Newswire) - Rinani Group Berhad, a financial consulting firm, is pleased to announce that the Company has signed a share sale agreement (SSA) with the Kuala Lumpur Football Association (KLFA) to acquire a majority stake in Kuala Lumpur City FC Sdn Bhd (KLFC), the owner of the KL City FC (KLCFC) football club.
- PETALING JAYA, Malaysia, Mar 2, 2023 - (ACN Newswire) - Rinani Group Berhad, a financial consulting firm, is pleased to announce that the Company has signed a share sale agreement (SSA) with the Kuala Lumpur Football Association (KLFA) to acquire a majority stake in Kuala Lumpur City FC Sdn Bhd (KLFC), the owner of the KL City FC (KLCFC) football club.
- Besides the game, we will also focus on enhancing the revenue stream for KLFC for it to be sustainable and continue maintaining the club."
- KLFA president Khalid Abdul Samad said, "This is a historic day for KLCFC with majority ownership of KLFC passing over to Rinani.
- Best wishes to not only KLCFC and Rinani Group, but also KLFA."