EON Cap battle goes to court


PETALING JAYA: The widely-speculated development in the takeover tussle involving EON Capital Bhd by Hong Leong Bank Bhd (HLB) has finally happened.

Primus Pacific Partners Ltd has taken legal action against nine board members of EON Cap and three entities controlled by Rin Kei Mei and Tan Sri Tiong Hiew King who are shareholders in the banking group.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Hotel ownership, one suite at a time
Price homes affordable at cost
Make cities spongy
Charting a new growth phase
Indonesia faces an investor exodus
Branching out beyond palm oil
Safe havens face fresh test
Indonesia’s burning issue
Stocks favoured despite rising risks
Rate normalisation in focus

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read