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Dawn Raid — latest news, discussion & facts — IJR

Dawn Raid

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Dawn Raid

1981 Malaysian corporate raid on Guthrie shares

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About Dawn Raid

The Dawn Raid was the acquisition of a controlling interest in the British plantation company Guthrie Corporation Limited (GCL) by Malaysia's Permodalan Nasional Berhad (PNB) on 7 September 1981. PNB, which already held approximately one-quarter of Guthrie's shares, rapidly acquired additional shares through the London market and negotiated block purchases, increasing its holding to more than 50 per cent.

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Facts from Wikidata (CC0). Image by Unknown author via Wikimedia Commons (CC0).

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