Ekovest aims to transform into larger listed conglomerate


Executive chairman Tan Sri Lim Kang Hoo said Ekovest is obliged to extend an unconditional mandatory general offer to acquire all the remaining PLS shares and warrants not held by Ekovest accordingly.

KUALA LUMPUR: Ekovest Bhd aims to transform the group into a larger listed conglomerate with a larger portfolio of diversified businesses as a part of its strategy, with an increase in shareholding, approximately 57.38 per cent of total issued shares in PLS Plantations Bhd (PLS) upon its completion.

Executive chairman Tan Sri Lim Kang Hoo said Ekovest is obliged to extend an unconditional mandatory general offer to acquire all the remaining PLS shares and warrants not held by Ekovest accordingly.

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!
   

Next In Business News

Oil nudges higher after Saudi Arabia hikes prices
China's services activity eases in April but still solid, Caixin PMI shows
No knee-jerk decline in Carlsberg sales following price hike
Ringgit opens higher against US$ as greenback weakens
Foreign inflow to Bursa Malaysia surges to RM1.06bil net
Domestic equities get boost from global demand
Trading ideas: BHIC, Naza, F&N, Pestech, PetGas, XIX, TT Vision, Uzma, WTK, Ranhill, Farm Price, Sarawak Cable, SLP
Fed’s Williams says 2% inflation target ‘critical’
TD risks earnings hit from US probe
Promoting Techcombank as industry leader

Others Also Read