PETALING JAYA: The majority of tin can manufacturer Can-One Bhd
’s shareholders have voted for the proposed buyout of a minority stake in F&B Nutrition Sdn Bhd in an all-share deal worth RM112.9mil.
Based on proforma statements for the financial year ended Dec 31, 2014, Can-One’s profit after tax would increase to RM71mil from RM63.8mil upon the full realisation of F&B’s profits into the group.
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