PETALING JAYA: The two deals that would have seen UMW Holdings Bhd
increase its ownership of Perusahaan Otomobil Kedua Sdn Bhd (Perodua) to 70.6% have collapsed.
The offer period for the deals, involving the potential takeover of MBM Resources Bhd and the acquisition of a 10% stake in Perodua owned by Permodalan Nasional Bhd (PNB), ended yesterday.
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