Pesona Metro: Bags RM319m job to build TNB office tower in KL . Pesona Metro Holdings has bagged a mixed development project worth RM319m for the construction and mechanical and engineering works for a 44-storey office tower for Tenaga Nasional in Kuala Lumpur. The 27-month project, is expected to contribute positively to the group's earnings and enhance its net assets during the duration of the project. (The Edge)
Construction outfit Pesona Metro Holdings Bhd has received a takeover offer from major shareholder Wie Hock Kiong to acquire 278.03 million shares or a 40.01% stake in the group at a price of 19 sen per share or RM52.83 million cash in the event of full acceptance of the offer. The mandatory takeover offer comes after the 62-year-old acquired an 80% stake in Kombinasi Emas Sdn Bhd from his younger brother Wie Hock Beng, who is also the managing director of Pesona Metro, for RM18.09 million. Kombinasi Emas, which will be wholly-owned by Hock Kiong, controlled a 41.54% stake in Pesona Metro as at Nov 17.
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