KUALA LUMPUR: Perbadanan Kemajuan Negeri Perak (PKNP) intends to privatise Perak Corp Bhd
via a selective capital reduction (SCR) and repayment totalling RM183mil or RM3.90 per share.
In a filing with Bursa Malaysia yesterday, Perak Corp said it had received the proposal from PKNP, which owns 52.27 million shares, or a 52.27% stake, and three other shareholders to undertake the corporate exercise.
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