BRIEF-S P Setia updates on proposed acquisition of stake in I&P Group Sdn
* Entered share purchase agreement with Permodalan Nasional , Amanahraya Trustees and Dato’ Mohd. Nizam Bin Zainordin for proposed I&P acquisition
(Corrects amount in headline and bullet point to 49.5 bln rupees from 30 bln rupees)
May 30 Union Bank Of India Ltd
* Seeks members' nod for raising equity capital worth up to 49.5 billion rupees Source text for Eikon: Further company coverage:
* Clarifies on news item "Lenders clear Jaiprakash Associates recast plan."
* Investors Bank appoints Michael Fegan chief information and operations officer