PETALING JAYA: Superior Pavilion Sdn Bhd (SPSB) and Odyssey Wealth Sdn Bhd (OWSB) may have to again raise their offer price for Kumpulan Jetson Bhd
shares and its irredeemable convertible unsecured loan stocks (Iculs) as the company’s shares are now trading at a three-month high, according to TA Securities Bhd research head Kaladher Govindhan.
SPSB, which is controlled by brothers SM Nasarudin SM Nasimuddin and SM Faliq SM Nasimuddin of the Naza Group, and OWSB, in which the brothers have a 50% stake, raised the offer to RM1 per share from the original offer of 70 sen and to 93 sen per Icul from 65 sen on Monday.
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