Chan offloads stake to MWE


PETALING JAYA: MWE Holdings Bhd, a company controlled by Tan Sri Surin Upatkoon, has emerged as the buyer of Tan Sri Chan Ah Chye’s block of shares in concessionaire Kumpulan Europlus Bhd (KEuro).

MWE has proposed to buy 22.15% of Chan’s 26.61% stake in KEuro for RM155.79mil cash, or RM1.35 per share, according to an announcement to Bursa Malaysia.

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Business , Business , wce , chan ah chye , stake

   

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