KUALA LUMPUR: Goh Ban Huat Bhd’s (GBH) single-biggest shareholder, Tan Sri Tan Hua Choon, has made a takeover offer for the remaining 69.5% stake he does not own in the ceramics product manufacturer at RM1.25 per share.
The offer price represents a 19% premium over yesterday’s price of RM1.05 before the stock was suspended. The shares will resume trading today. GBH has a market capitalisation of RM65mil. Its share price has dropped 4.5% year-to-date.
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