Truths Half Truths & Deceptions


UMW Daihatsu Perodua Back To Status Quo

Thursday, 01 November 2018, 08:38 | Stocks Shares & Markets |

Did common sense prevail in the end in the battle for control of Perodua by UMW (4588)? I have my doubts - UMW basically failed in its bid. Period. Its deal was spurned by Daihatsu and the other strategic shareholders of Perodua. Even its face saving official statement - recalibration of corporate strategy etc - offered no apologies or regrets. ...

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