Regent Wise will be acquiring the shares from Tan Sri Goh Ming Choon, another major shareholder of the company, the firm said in an announcement to Bursa Malaysia.
PETALING JAYA: The Philippines’ Ayala Land has raised its stake in property company MCT Bhd to 72.3% or 669.92 million shares at the end of the takeover offer which ended on Monday.
According to CIMB Investment Bank, Ayala Land had received acceptances for 295.27 million shares or a 22.12% stake.
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