UMW to buy controlling stake in Perodua for RM500 million
Updated 6 years ago ·
Published on 10 Mar 2018 10:12AM ·
EUROPEAN automaker UMW Holding Bhd is planning to gain control of Perusahaan Otomobil Kedua Sdn Bhd (Perodua) for RM501.04 million.
In a filing with Bursa Malaysia, UMW plans to acquire a 50.07% stake in MBM Resources Bhd (MBMR) for RM2.56 per share.
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