KUALA LUMPUR (Nov 15): S P Setia Bhd has yet to receive the official general offer document from Permodalan Nasional Bhd (PNB) for the acquisition of its shares, according to the group's chief executive officer Tan Sri Liew Kee Sin.
Speaking to reporters after the official launch of the RM6 billion KL Eco City project here on Tuesday, Liew said that he could not preempt what kind of offer would be tabled by PNB for the shareholders of S P Setia.
However, he said the interest by PNB in S P Setia symbolised the confident of the investment fund in the group's strength and capabilities.
"I think we should put aside all sentiments to see this deal to go through. As the chief executive officer of S P Setia, I think we should be pleased, because if they don't like us, why should they put in money into our company," he said.
