Last year was not easy for Tan Sri Lim Kang Hoo (pic). It is no different now as a key vote by Ekovest Bhd
shareholders at the end of the month will determine whether or not to buy out the minority shareholders of Iskandar Waterfront City Bhd (IWC) at RM1.50 per share.
Last November, Lim, who controls more than 50% of Ekovest, put together a plan for Ekovest to buy out the minorities of IWC at RM1.50 per share. Lim will not be able to vote on the deal given his ownership in both companies.
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!
