GOB to buy remaining 45% stake in EPSB


PETALING JAYA: Investment holding company Global Oriental Bhd (GOB) has proposed to acquire the remaining 45% equity interest in Edisijuta Parking Sdn Bhd (EPSB) that it does not already own for RM22.5mil cash from Cahaya Impian Sdn Bhd.

Upon completion of the proposed acquisition, GOB will hold 100% equity interest in EPSB and EPSB will become a wholly owned subsidiary of GOB.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Light at the end of the tunnel
Understanding the warrant of distress
Are convention halls still good investments?
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Strong momentum seen for Vietnam equities
Asset managers in risk-on mode
Rising DRAM prices may hit consumers
Asia-Pacific ratings hold firm
HK’s lure for key IPO investors
Fewer stocks spur IPO hunt

Others Also Read