PETALING JAYA: Property developer Plenitude Bhd has offered to take over The Nomad Group, which owns a string of properties in Kuala Lumpur and Penang.
In a filing with Bursa Malaysia, Plenitude proposed to take over Nomad for RM1.25 per share or RM278.84mil via the issuance of 111.55 million new Plenitude shares of RM2.50 each.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!