Med-Bumikar shareholders vote to sell stake in MBM
PETALING JAYA: UMW Holdings Bhd is one step closer to taking a majority stake in Perusahaan Otomobil Kedua Sdn Bhd (Perodua) after shareholders of Med-Bumikar Mara Sdn Bhd, who collectively hold 52.06% of the outstanding shares, voted to sell its 50.07% stake in listed auto group MBM Resources Bhd to UMW.
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!