British group makes general offer for UBS

PETALING JAYA: Britain-based Sage Group has made a general offer for all the shares of accounting software company UBS Corp Bhd at a price of 98 sen cash each or a total of RM98mil.  

Mesdaq-listed UBS said in a statement yesterday that Sage Singapore Holdings Pte Ltd, ultimately owned by The Sage Group plc, entered into a share sale agreement with Cheah Kean Soon, Yeo Peck Chong and Cheah Kean Chuan.  

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 31
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

OpenSys shares to be transferred to Main Market on Oct 12
Jentayu Sustainables bags 20-year solar PPA with Outspan
Budget 2023: Encourage more exports, FDI to boost ringgit's attractiveness, says economist
Ringgit opens lower on hawkish Fed comments on 2023 rate hikes
Bursa descends in lead up to tabling of Budget 2023
Trading ideas: Yinson, KPJ, Malaysian Resources Corp, Mynews, Khee San and Citaglobal
BoE ‘cliff edge’ poses fresh risk for ravaged gilt market
Upstream to gain from output cut
Moderate showing seen for CPO this month
Graphjet submits bid for RM6.95bil Nasdaq listing

Others Also Read