SC exempts MRCB from undertaking MGO for QCT


PETALING JAYA: Malaysia Resources Corp Bhd (MRCB) has been exempted from undertaking a mandatory general offer (MGO) for all the remaining shares it does not own in Quill Capita Trust (QCT).

According to a filing with Bursa Malaysia, MRCB said the group was granted a waiver from undertaking the MGO by the Securities Commission, via a letter, from the disposal of its Platinum Sentral to QCT for RM740mil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , MRCB , Quill Capital Trust

   

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