KUALA LUMPUR: Ekovest Bhd
aims to transform the group into a larger listed conglomerate with a larger portfolio of diversified businesses as a part of its strategy, with an increase in shareholding, approximately 57.38 per cent of total issued shares in PLS Plantations Bhd (PLS) upon its completion.
Executive chairman Tan Sri Lim Kang Hoo said Ekovest is obliged to extend an unconditional mandatory general offer to acquire all the remaining PLS shares and warrants not held by Ekovest accordingly.
"Our presence in PLS has enabled us to venture into the management and operation of oil palm and forest plantations, as well as in durian plantation, production, distribution and related businesses.
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