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.  

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