KUALA LUMPUR: Maybank Investment Bank (Maybank IB) is positive on Eco World International Bhd
's (EcoWorld International) latest corporate exercise involving a capital reduction (CR) of RM1.5 billion to facilitate dividend distributions to shareholders.
It said the exercise to facilitate a special distribution of up to RM900 million in 2023 was within Maybank IB's expectation.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
