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

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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. The takeover was offered via Upatkoon’s private vehicle Pinjaya Sdn Bhd on Monday. Upatkoon is… Read more »

Garments maker MWE Holdings' website.
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