UMW likely to get its way in MBM


Increasing stake: UMW owns a 38 stake in Perodua. Its parent company PNB has 10 in Perodua, a stake which UMW is planning to also buy. Combined with gaining control of MBM, UMW will end up with close to 70.6 in Perodua.

Med-Bumikar Mara’s EGM end of this month may result in shareholders accepting stake buyout offer

ONE significant party in the UMW Holdings Bhd-MBM Resources Bhd-Perodua saga is government agency Majlis Amanah Rakyat (Mara).

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Business , UMW Holdings , Mara , MBM Resources , Perodua

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