Tradewinds gets nod for privatisation


KUALA LUMPUR: Tradewinds Corporation Bhd shareholders have approved the proposal for its major shareholder and parties acting in concert to privatise the company.

The proposal involving the major shareholder, billionaire Tan Sri Syed Mokhtar Al-Bukhary, and Perspective Land (M) Sdn Bhd, Kelana Ventures Sdn Bhd and Seaport Terminal (Johore) Sdn Bhd was passed at an EGM yesterday.

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