KUALA LUMPUR: Emas Kiara Industries Bhd has received a takeover offer from deputy executive chairman Wong Kong Foo to acquire the remaining shares he does not own in the company at 45 sen a share.
Based on the pre-suspension price of 36.5 sen, the offer announced yesterday represents a premium of 23.28% or 8.5 sen. Trading of Emas Kiara shares was suspended yesterday.
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