BOUSTEAD Holdings Bhd has made a proposed voluntary offer to acquire the remaining 54.2 million shares or 43.5% of the issued and paid-up share capital in Kuala Sidim Bhd it does not already own for RM325mil or RM6 per share.
Affin Merchant Bank Bhd said in a statement on behalf of Boustead yesterday that the voluntary offer was made with a view to privatise Kuala Sidim.
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