PAN Malaysian Industries Bhd (PMI) and its subsidiary, Excelton Sdn Bhd, have received acceptances of 16.521 million shares, or 13.23% of the paid-up capital of Metrojaya Bhd (MJB) under its cash offer to privatise MJB.
A statement released to the KLSE yesterday by PM Securities Sdn Bhd on behalf of PMI said that together with the acceptances, PMI now held 99.44 million shares or 79.6% of MJB.
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