Khazanah Nasional Bhd has bought an additional 23.9 million shares, or 4.2% equity interest, in Perusahaan Otomobil Nasional Bhd (Proton), a move that will trigger a mandatory general offer (MGO) for the remaining shares it does not own in the national carmaker.
A Proton filing with MSEB on Tuesday said that Khazanah purchased the stake on March 11 from an undisclosed vendor for an undisclosed price.
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