Friday, 12 January, 2024
What lies ahead for Kuchai? Disposal deal sets stage for multiple scenarios
Low-profile Kuchai Development Berhad and Sungei Bagan Rubber Company (Malaya) Berhad (Sg Bagan) recently hogged the public limelight again with major corporate exercises that will streamline the structure and consolidate the assets of the two companies.
The extensive proposals outline various scenarios, prompting minority shareholders to carefully evaluate their options. Minority shareholders are advised to await the forthcoming circulars from independent advisers to make informed decisions.
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