MCT: No plans to revise call option granted to Ayala

MCT’s executive director Datuk Lim Kok Boon

AMID the weak market sentiment, newly-listed MCT Bhd has no plans to revise the terms or placement price of its call option granted to its substantial shareholder Philippine-listed Ayala Land Inc.

MCT executive director Datuk Lim Kok Boon (pic) tells StarBizWeek that the company is confident that its offering for Ayala, which was made before market troubles surfaced, still reflects the intrinsic long-term value of the company.