PETALING JAYA: Now that no new offers for PLUS Expressways Bhd have materialised, the impending takeover of the company's assets and liabilities by the UEM Group and the Employees Provident Fund (EPF) will likely be voted through by PLUS' minority shareholders, according to bankers close to the deal.
“Government-linked investment companies (GLICs), including Kumpulan Wang Persaraan (KWAP), have indicated an intention to vote in favour of the proposed takeover of PLUS by UEM and the EPF,” said one banker.
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