KUALA LUMPUR: Ramatex Bhd told Bursa yesterday it received a voluntary general offer (GO) from Amphoteric Capital Ltd (ACL) to acquire all the remaining shares that it did not already own for RM2.20 cash a share. The offer is unconditional as ACL and parties acting in concert already own more than 50% of the company.
It is the intention of ACL to compulsorily acquire the rest of the shares if it receives acceptances for not less than nine-tenths of the shares in the GO. Ramatex closed at RM2.10 yesterday.