Business

Friday July 30, 2010

Hong Leong Bank to hold EGM on Aug 23


PETALING JAYA: Hong Leong Bank Bhd told Bursa Malaysia that it will hold an EGM on Aug 23 to decide on the resolution to acquire the entire assets and liabilities of EON Capital Bhd for RM5.06bil.

The EGM will also decide on a renounceable rights issue to raise about RM1.6bil in gross proceeds.

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