Buyout firm KKR & Co. has sold all its stake in Weststar Aviation Services Sdn., marking its full exit from the Malaysian helicopter services company after a decade.
The Weststar Group bought KKR’s remaining 21% stake in the unit for an undisclosed amount, according to a statement on March 3. Weststar Group, controlled by businessman Syed Azman Syed Ibrahim, is now the sole shareholder of the helicopter operator.
