Director: EON Cap prepared to pay RM12mil fees to find buyer

  • Business Premium
  • Tuesday, 02 Nov 2010

KUALA LUMPUR: EON Capital Bhd was prepared to pay as much as RM12mil in fees to Goldman Sach to find a buyer to acquire the bank for up to 1.5 times its book value, according to independent director Nicholas John Lough.

“The fees were negotiated by the previous board of directors in January,’’ he told the High Court yesterday.

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