The WSJ said both Prudential and Tokio Marine planned to sell close to a third of the shares in their Malaysian units. These deals could potentially raise US$3bil collectively over the next nine months.
PETALING JAYA: Great Eastern Holdings Ltd has emerged as a substantial shareholder in construction firm Protasco Bhd
with a 5.05% stake or 21.45 million shares, having bought 719,800 shares last Friday.
Protasco, which is Malaysia’s largest road maintenance service provider, operates six road maintenance concessions comprising two state road maintenance contracts, two federal road contracts and two rural road contracts.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!
