WHILE the founders of Unisem (M) Bhd, together with a few China-based buyers, have been successful in their bid to gain majority control of the company, there may be another stumbling block ahead.
The new major owners of Unisem, which now collectively hold a 83.13% stake, may face difficulty in selling down their shares to maintain the required 25% public shareholding spread of the company.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
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!