PETALING JAYA: More corporate exercises are expected to be completed this year, as favourable market conditions like the current low interest rates and high financial liquidity lure companies to go for more.
UOB KayHian Malaysia research head Vincent Khoo said in a report that conditions such as low interest rates and high liquidity were supportive of privatisation, mergers and acquisitions (M&As), reverse takeovers (RTOs), asset monetisation and spin-offs. He highlighted MMC Corp Bhd as a candidate primed for privatisation.
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