Property developer Plenitude offers to take over Nomad for RM278.84mil

By CHERYL POO

PETALING JAYA: Property developer Plenitude Bhd has offered to take over The Nomad Group, which owns a string of properties in Kuala Lumpur and Penang.

In a filing with Bursa Malaysia, Plenitude proposed to take over Nomad for RM1.25 per share or RM278.84mil via the issuance of 111.55 million new Plenitude shares of RM2.50 each.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Business , nomad , plenitude , developer , takeover , acquisition

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