Malaysian Investor Backs FKP / Aveo

Jul 16 2008 Updated July 4, 2023

The Weekly Source

1 min read

Aveo parent FKP is still under a takeover offer by Lend Lease at $5 per share. In a vote of confidence, Mulpha International an existing major investor in FKP this week spent $19.8 million to increase its shareholding from 15 to 16.6 percent, paying $4.60 per share. If Lend Lease did win its takeover tomorrow, Mulpha would immediately make $1.7 million.

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Lauren Broomham

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Sector Moves & People

Government Policy

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Caroline Egan

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Sector Moves & People

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