L&G gets shareholders’ nod to acquire four property firms
It also has an option to buy from its major shareholders.
It also has an option to buy from its major shareholders.
Land & General Bhd’s related party transaction proposal to take over five property firms from its major shareholder, Malaysia Land Properties Sdn Bhd, for RM344 million cash has caught the Minority Shareholder Watchdog Group’s attention as questions remain over the deal.
Tengku Abdullah Sultan Ahmad Shah has proposed to privatise Tanah Makmur via a selective capital reduction and repayment exercise.