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UMW Holdings

The acquisition of the 61.2 per cent stake in UMW for RM3.57 billion (S$1.02 billion) is expected to be completed by the end of November 2023.

Companies & Markets

Malaysia's Sime Darby wins shareholders' approval for UMW Holdings deal

Sime Darby has won its shareholders’ approval to acquire automotive-to-manufacturing company UMW Holdings, the Malaysian conglomerate said in a statement on Thursday (Nov 16).

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