The plan was supposed to see IOI Properties purchase a 37.17% stake in Taipei Financial Center Corp for RM2.74bil. -EPA
IOI Properties
cancels plan to buy into skyscraper
PETALING JAYA: IOI Properties Group Bhd’s planned stake acquisition in the Taipei 101 skyscraper is now off following the three-month lapse on March 5 to obtain the foreign investment approval from the Investment Commission (FIA) of Taiwan.
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