Tuesday, 16 July 2013

Major Team Holdings propose voluntary general offer at RM0.17/share

Major Team Holdings has proposed a voluntary withdrawal from the Main Market of Bursa Malaysia via a voluntary general offer at 17 sen per share, a 21.4% premium to yesterday's closing price of 14 sen. "The joint offerors believe that the proposed delisting will provide greater flexibility for the offerors to review and implement restructuring plans." (Financial Daily)

Source: CIMB Daybreak - 16 July 2013

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