Shareholders OK OSK merger with OSK Property and PJ Development, value RM1.7bil


Ong: ‘We will start immediately. The S&P (sales and purchase) will be completed very soon.’

KUALA LUMPUR: Shareholders of OSK Holdings Bhd have given the green light for the merger with OSK Property Holdings Bhd and PJ Development Bhd, valued at RM1.71bil.

The move will see OSK Holdings emerging as a first-tier property company in Malaysia.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

More Fed officials ready to say goodbye to low-rate world
China travel surges for May holiday but consumers remain wary
Dollar near five-month highs ahead of Fed policy decision
Crypto washout sends bitcoin below US$58,000 into bear market
Oil falls for a third day as Middle East ceasefire hopes rise
Japan's Nikkei ends lower as investors brace for Fed policy decision
AirAsia can withstand unfavourable currency movements, rising oil prices
Musk disbands Tesla EV charging team, leaving customers in the dark
Gold hits near four-week low as traders ready for Fed verdict
Microsoft to open first regional data centre in Thailand

Others Also Read