MWE buying 22.15% stake in KEuro for RM155m


KUALA LUMPUR: MWE Holdings Bhd is boosting its stake in Kumpulan Europlus Bhd to 27.14% by acquiring 115.40 million shares for RM1.35 each as it seeks exposure to KEuro's projects, especially the 233km West Coast Expressway.

MWE said on Friday it had over the past two days bought 26 million KEuro shares for RM1.14 each via business transactions for a total of RM29.64mil.

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