PETALING JAYA: Former CIMB Group Holdings Bhd
chairman Datuk Seri Nazir Razak (pic) is investing RM18mil in a durian plantation business by acquiring some placement shares in PLS Plantations Bhd.
In a filing with Bursa Malaysia, PLS said it has proposed to place out 19 million new shares to Nazir at 95 sen per share as part of its private placement exercise.
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