Kian Joo may consider better offer


Ooi: ‘We intend to increase our capex for 2016’.

PETALING JAYA: Kian Joo Can Factory Bhd, which recently turned down a RM1.47bil takeover bid by Aspire Insight Sdn Bhd, said it may consider an improved offer.

In the meantime, the tin can maker is aggressively expanding its production capacity.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The shopping mall conundrum
Why RM300,000 homes remain unsold
Penang LRT: Beyond property speculation
PETRONAS Dagangan expands used cooking oil collection network to 100 stations
Ringgit expected to stay softer vs US dollar next week
End of the RM1 fee tests cashless Malaysia
Ordered uncertainty in markets
Beds, bets and India travel
China tests Asean industry
Quiet exodus from UK market

Others Also Read