Economists baffled over ‘unhappiness’ of PLUS minority shareholders


KUALA LUMPUR: Economists and analysts are baffled as to how some minority shareholders of PLUS Expressways Bhd can be unhappy with the RM4.60 per share offer price made by UEM Group Bhd and the Employees Provident Fund, ahead of deliberations on the merits of the deal.

“The shareholders of PLUS have yet to deliberate on the offer price. The prospectus and independent circular from merchant bankers advising them will only be out after the PLUS board meeting of Nov 9.

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