KUALA LUMPUR: UMW Holdings Bhd is planning to take over MBM Resources Bhd in a deal that will ultimately give it a controlling stake in carmaker Perusahaan Otomobil Kedua Sdn Bhd (Perodua).
UMW Holdings currently owns a 38% stake in Perodua.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
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!