Tag: PJD and OSK merger
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Merger of OSK Holdings, OSK Property and PJ Development
The news has been circulating for some time but today, the shareholders of OSK Holdings Bhd shareholders has approved the purchase of OSK Property Holdings Bhd and PJ Development Holdings Bhd. for up to RM1.71 billion. In essence, OSK Holdings will buy 72.4 percent in OSK Property for RM346.4 million. New shares totalling 177.64million shares…