PETALING JAYA: Hwang Capital (M) Bhd (HCM) has received a voluntary takeover offer from Hwang Enterprises Sdn Bhd and Hwang Lip Teik (HLT) to acquire all the remaining ordinary shares which are not already owned by the joint offerors for RM2.65 cash per share or RM469.4mil.
As of May 20, the joint offerors had 78.06 million shares, or a 30.59% stake, in HCM.
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