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World Market Watch

Temasek seals MPlant deal

It’s confirmed.

Singapore investment arm, Temasek Holdings had signed an agreement to buy a stake in Malaysian Plantations Berhad (MPlant), which controls one of the country smallest lenders, Alliance Bank.

Under the deal, MPlant confirmed that shareholder Langkah Bahagia Sdn Bhd, a company linked to Former Finance Minister Tun Daim Zainuddin, had agreed to sell [...]

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