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Meda board proposes new company name

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Meda board proposes new company name

Malaysian real estate developer Meda Inc. Bhd.'s board is proposing to change the company's name to Meridian Bhd.

The proposed name change has been approved and reserved by the Companies Commission of Malaysia as of Oct. 24, Meda said Dec. 7.

The change is subject to approval from shareholders at an extraordinary general meeting to be announced at a later date.