PETALING JAYA: An independent adviser has advised Malaysian Resources Corp Bhd’s (MRCB) shareholders to vote in favour of the RM1.58bil cash purchase of the remaining 80% interest in Bukit Jalil Sentral Property Sdn Bhd (BJSP) from the Employees Provident Fund (EPF).
In a circular filed with Bursa Malaysia, Kenanga Investment Bank Bhd
(Kenanga IB) said the proposed acquisition is fair, reasonable and not detrimental to the interests of the non-interested shareholders of MRCB.
