News inbrief


  • Business
  • Wednesday, 17 Jan 2007

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.  

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

SC charges Pixelvest and former Infinity Trustee director with unlicensed capital market offences
Ringgit ends firmer against US dollar
InNature buys 'Burger & Lobster' franchise, eyes expansion into F&B Sector
Bank Negara fines Habib with RM96,250 for AMLA non-compliance
Pharmaniaga says 'stands firm' on financial recovery to exit PN17
Kobay gets UMA query from Bursa Malaysia
LFE gets RM8.27mil piling work
Jiankun expects GDV of its projects to soar to RM2bil under new leadership
Paramount acquires 21.54% stake in Eco World International
CIMB Securities aims for high single-digit market share by year-end

Others Also Read