Public Bank To Acquire 44.15 Pct Stake In LPI Capital For RM1.72 Bln Cash
KUALA LUMPUR, Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash.
Managing director and chief executive officer Tan Sri Tay Ah Lek said the proposed acquisiti…