PETALING JAYA: MMC Corp Bhd said its 51%-owned unit Malakoff Corp Bhd has received the Securities Commission’s approval to be relisted on the Main Market of Bursa Malaysia.
Following the proposed listing, MMC’s stake in Malakoff would be reduced to 49%, assuming the over-allotted shares are fully subscribed to by non-bumiputra Malaysian, foreign institutional and selected investors.
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