PETALING JAYA: Japan’s Taisei Lamick Co Ltd (TLC), which owns 54.95% of Malaysia Packaging Industry Bhd (Maypak), has launched an unconditional mandatory takeover offer for the remaining stake at a whopping 65 sen a share.
The offer price is a premium of 15.8% over the five-day, volume-weighted average price of Maypak shares up to and including Wednesday.
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