PETALING JAYA: Apex Equity Holdings Bhd may have cleared a major hurdle for its proposed merger with Mercury Securities Sdn Bhd with a slim majority of shareholders voting in favour, but obstacles are coming back to haunt it.
Pinerains Sdn Bhd and Concrete Parade Sdn Bhd have each filed a notice of application seeking for the vesting order obtained by JF Apex Securities Bhd and Mercury Securities on July 1 to be set aside.
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