Mirzan and Mokhzani said they are compiling all relevant documents, but asked Malaysia’s anti-graft body for patience as they try to collate 43 years’ worth of information.
Of the public institutions that voted, a little over 93% were in favour of the transactions related to ACC and Ambuja Cements. Voting in non-institutional public shareholders showed nearly 86% in favour of the transaction.
Sanghi Industries secures shareholders consent for related-party transactions with ACC, Ambuja Cements, and Adani Enterprises. Despite some opposition, the resolutions pass, allowing the company to sell its cement and clinker to ACC and Ambuja, and purchase coal from Adani Enterprises.