Chua Ma Yu buys 14% of Star Cruises


  • Business
  • Saturday, 14 Jul 2007

PETALING JAYA: CMY Capital (L) Ltd will pay RM1.168bil cash to acquire a 14.02% stake in Star Cruises Ltd from Resorts World Bhd. 

In a Bursa filing yesterday, Resorts World said its wholly owned subsidiary, Resorts World Ltd (RWL), had accepted the offer from Datuk Chua Ma Yu-owned CMY to purchase 1.01 billion shares of 10 HK cents each in Star Cruises. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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

Eupe fourth-quarter profit rises 29%
Meta projects higher spending, weaker revenue
Buyout proposal for Anglo American could reshape copper market
A test bed for airline subscription model
Pantech seeks to list steel pipe units
AI memory boom propels SK Hynix’s numbers
Battery stocks’ rally in India likely to extend
Congo accuses Apple of using ‘blood minerals’ from war-torn east
Higher earnings for Pavilion-REIT
Airlines must now provide automatic refunds for cancelled flights

Others Also Read