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Malaysian Sime Darby to acquire PNB’s 61.2% stake in UMW Holdings Berhad
Announced on August 24, 2023, Sime Darby Berhad has entered into a conditional share purchase agreement (SPA) with Permodalan Nasional Berhad (PNB) to acquire PNB’s 61.2% stake in UMW Holdings Berhad (UMW), for a total cash consideration of MYR 3.57 billion or MYR 5.00 per share.
According to Sime Darby, this move w....
According to Sime Darby, this move w....
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