Minho (M) to Wind Up Inactive Unit

MT Newswires Live

2024/12/31

Minho (M) (KLSE:MINHO) started the member's voluntary winding up of its dormant unit Lionvest Plantation.

The company appointed Mak Chooi Peng as the liquidator for the dissolution of its unit, according to a Monday Malaysian bourse filing.

The move will not have any material effect on the company's earnings and net assets in 2024.

Shares jumped over 5% in recent trade.

Price (MYR): $0.29, Change: $+0.015, Percent Change: +5.45%

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