Tan Sri Surin Upatkoon’s (pic) investment vehicle Pinjaya Sdn Bhd’s plan to privatise its 31.14%-owned MWE Holdings Bhd has lapsed, annulling the earlier RM391.4mil offer by Pinjaya to take the company private.
The non-interested directors of MWE had on Wednesday requested for a further one month to deliberate on the takeover offer from Surin, also an MWE board member, via his investment vehicle Pinjaya, but the request was declined by Pinjaya yesterday.
Surin, a Thai national who is a long-time Malaysian resident, has been rated by Forbes as the 12th richest man in Malaysia.
For Free Signals and other KLSE online updates, click here 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 Feel Free To Mail Us at : info@epicresearch.my
The non-interested directors of MWE had on Wednesday requested for a further one month to deliberate on the takeover offer from Surin, also an MWE board member, via his investment vehicle Pinjaya, but the request was declined by Pinjaya yesterday.
Surin, a Thai national who is a long-time Malaysian resident, has been rated by Forbes as the 12th richest man in Malaysia.
For Free Signals and other KLSE online updates, click here 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 Feel Free To Mail Us at : info@epicresearch.my
No comments:
Post a Comment