Ekovest aims to transform into larger listed conglomerate

Executive chairman Tan Sri Lim Kang Hoo said Ekovest is obliged to extend an unconditional mandatory general offer to acquire all the remaining PLS shares and warrants not held by Ekovest accordingly.

KUALA LUMPUR: Ekovest Bhd aims to transform the group into a larger listed conglomerate with a larger portfolio of diversified businesses as a part of its strategy, with an increase in shareholding, approximately 57.38 per cent of total issued shares in PLS Plantations Bhd (PLS) upon its completion.

Executive chairman Tan Sri Lim Kang Hoo said Ekovest is obliged to extend an unconditional mandatory general offer to acquire all the remaining PLS shares and warrants not held by Ekovest accordingly.