KUALA LUMPUR: CIMB Group
Holdings Bhd has proposed to raise its equity interest in Touch ‘n Go Sdn Bhd (TnG) from 20% to 52.22%.
The transaction involves CIMB SI 1 Sdn Bhd, a company wholly-owned by CIMB Group, acquiring 32.22% equity interest in TnG from UEM Group Bhd and UEM Builders Bhd for RM53.8mil.
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