PDZ attracts suitors

Kuala Lumpur: PDZ Holdings, the Malaysian containerline, bought by Pelaburan Mara Bhd (PMB), has potential suitors who view the firm, like PMB, as a vehicle to get into the oil and gas sector. PMB has been approached by a few parties to take shares in the company, local media reported.

In late April, PMB paid RM41m to buy a 27% controlling stake in PDZ.

PMB’s group chief executive officer Nazim Rahman has also been appointed the managing director of PDZ.  [30/07/14]

Related Posts