Finance Ministry makes preliminary objection to PLUS Malaysia takeover


  • Nation
  • Thursday, 11 Jul 2019

KUALA LUMPUR: The Finance Ministry has made a preliminary objection against Maju Holdings Sdn Bhd's takeover of PLUS Malaysia Bhd, after taking consideration the views of main shareholders Khazanah Nasional Bhd and Employees Provident Fund (EPF).

Finance Minister Lim Guan Eng said the two main shareholders of PLUS Malaysia Bhd had expressed their objection, but did not reveal the reason behind it.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Nation

Seoul hit by heaviest snowfall in over 100 years
Azmin Ali appointed Bersatu sec-gen
Polygamy can arrest decline in national birth rate, suggests Opposition MP
We only want what's ours, says Sanusi on Kedah's claim over Penang
Penang state assembly approves Budget 2025, adjourns
Number of flood victims increases in K'tan, T'ganu, Kedah and Perlis
Ananda Krishnan a key figure in developing Malaysian media, telco and entertainment industries
Negri Sembilan's 2025 Budget among six Bills passed by state assembly
13 Muar pupils suffer food poisoning, school canteen shut down for two weeks
'Kelantan floods worse than 2014's 'bah kuning' disaster' (with picture gallery)

Others Also Read