Malaysia: Tycoon Surin Upatkoon to take over garments maker MWE for $92.6m

Malaysia: Tycoon Surin Upatkoon to take over garments maker MWE for $92.6m

Garments maker MWE Holdings' website.

Garments manufacturer MWE Holdings Bhd has received a takeover offer from tycoon Surin Upatkoon to acquire its entire business and undertaking including all assets and liabilities, for MYR391.4 million ($92.65 million) or MYR1.70 per share.

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