MAGNUM Corp Bhd has proposed to undertake an unconditional offer to acquire the remaining 1,567,809 shares representing 7.7% stake in West Country Sdn Bhd (WCSB) at a cash offer price of RM14.49 per share.
Southern Investment Bank Bhd, in a statement issued yesterday on behalf of Magnum, said that a notice on the proposed unconditional offer had been served to WCSB directors.
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