PDZ set to get new major shareholder


Loss-making: The Main Market-listed PDZ is a smallish company, with a market capitalisation of approximately RM39mil. The container shipper has been languishing in the red since 2013 as a result of weak operational performance.

Entry of new player expected to happen as Pelaburan Mara prepares to exit shipper

A Singapore-based company controlled by Malaysians is expected to emerge as the major shareholder in loss-making PDZ Holdings Bhd as Pelaburan Mara Bhd (PMB) prepares to exit the little-known container shipper.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , PDZ

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read