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Cycle & Carriage Bintang to sell all 49% stake in Mercedes-Benz Malaysia back to Daimler AG
On December 3, 2018, Cycle & Carriage Bintang (CCB) has announced in an official statement that the company will sell its entire 49% stake in Mercedes-Benz Malaysia (MBM) to Daimler AG.
This action is in accordance to Daimler’s decision to exercise its call option over CCB’s 66 million shares in MBM for a considerati....
This action is in accordance to Daimler’s decision to exercise its call option over CCB’s 66 million shares in MBM for a considerati....
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