Dayang Enterprise Bhd’s takeover offer for Perdana Petroleum Bhd has become unconditional as it now owns a 51.21% stake in the latter.
It said on Monday it had received valid acceptances of the offer for 11.779 million shares or 1.57% stake, increasing its shareholding in the oil and gas services provider to 51.21% or 383.31 million shares.
“Accordingly, the acceptance condition has been fulfilled and the offer has become wholly unconditional on July 24, 2015 (Friday),” it said.
Dayang Enterprise had made a conditional take-over offer to acquire the shares of Perdana Petroleum at RM1.55 per share and 84 sen per warrant.
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It said on Monday it had received valid acceptances of the offer for 11.779 million shares or 1.57% stake, increasing its shareholding in the oil and gas services provider to 51.21% or 383.31 million shares.
“Accordingly, the acceptance condition has been fulfilled and the offer has become wholly unconditional on July 24, 2015 (Friday),” it said.
Dayang Enterprise had made a conditional take-over offer to acquire the shares of Perdana Petroleum at RM1.55 per share and 84 sen per warrant.
Click Here For Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance About KLSE online Feel Free To Mail Us at : info@epicresearch.my
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