Widad Business Group makes new offer of RM5.3bil for PLUS

KUALA LUMPUR: Widad Business Group Sdn Bhd has upped its offer for PLUS Malaysia Bhd with a new proposal to acquire 100% equity interest in the company for RM5.3bil.

Including the compensation waiver of RM3.04bil and debt assumption of RM30bil, the total enterprise value of the offer comes to RM38.34bil, representing the highest bid from the private sector thus far.

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