AS the bidding for EON Capital Bhd (EON Cap) becomes more intense, the scarcity premium for the country’s seventh largest banking group gets higher, which means that it should be able to fetch a much better price.
Hong Leong Bank Bhd
(HLB) has revised its offer from RM4.92bil, or RM7.10 per share, to RM5.06bil or RM7.30 per share, for the assets and liabilities of EON Cap, which has also requested for a share option to be considered.
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