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Many parties eyeing stake in company
Sources say PMH is currently in talks with several parties, including a private property developer, to sell a block of shares in the company.
“One of the plans is to take up a block in PMH as the property developer is looking to expand its business into hospitality,” a source says.
This was confirmed by PMH’s spokesperson.
“There have been parties that approached us when they learnt that we sold PM Securities,” the spokesperson tells The Edge when contacted. https://theedgemalaysia.com/node/698170