THE related party transaction (RPT) between Tan Sri Lim Kang Hoo (pic)-controlled companies, namely Ekovest Bhd
and PLS Plantations Bhd, has raised some eyebrows.
The transaction involves Ekovest buying a 23.42% stake in PLS from Serumpun Abadi Sdn Bhd, a company controlled by Lim, who is its executive chairman, for RM76.5mil cash.
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