Can UEM Edgenta extract more value from KFM?


BASED on the share price, the market seems to be reacting positively on UEM Edgenta Bhd’s proposed acquisition of 80% stake in KFM Holdings Sdn Bhd for RM128mil.

Since the announcement came out on Tuesday, the share price of UEM Edgenta rose as high as 9.31% to RM3.42 Thursday, one of its steepest climb for the year.

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Business , UEM Edgenta , acquisition , KFM

   

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