KAJANG: The battle in Apex Equity Holdings Bhd has taken a major turn with shareholders voting in favour of the merger with Mercury Securities Sdn Bhd in a slim majority of 54.8%.
Almost half, or 45.2% of the shareholders, voted against the proposed merger, which will see Mercury’s stockbroking, corporate advisory and other related businesses being transferred to Apex’s wholly owned subsidiary, JF Apex Securities Bhd.
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