ING Barings to give Krishnan fairness opinion

A major M&A deal in Malaysia will seek the blessing of a foreign investment bank to ensure transparency.
July 14, 2001
In a move designed to reflect Malaysia Inc’s drive to promote confidence in its corporate governance standards, ING Barings has been appointed as the independent financial advisor for Tan Sri Ananda Krishnan’s latest M&A foray.

To make simple what is a convoluted process, it should be explained that Krishnan is seeking a backdoor listing for his satellite business and is using listed Malaysian Tobacco as the chosen vehicle.

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