KUALA LUMPUR: A proposal to privatise Ireka Corporation Bhd hit a roadblock when most of the minority shareholders objected to the proposed selective capital reduction (SCR) at its EGM on Wednesday.
Fifty-nine shareholders, who held 14.63 million shares, rejected the proposed SCR.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!