NIPPON Sheet Glass Co Ltd (NSG), acting in concert with Tomen Corp, is making a conditional voluntary offer to buy the balance 51% stake in Malaysian Sheet Glass Bhd (MSG) that it does not already own for RM110.9mil or RM2.65 per share.
MSG said in a statement that it had been served with a notice of conditional offer by NSG's lawyers to acquire the balance shares not owned by NSG and Tomen.
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