PETALING JAYA: Seven months after its initial public offering (IPO), Berjaya Retail Bhd (BRetail) is now being privatised by its major shareholder Tan Sri Vincent Tan Chee Yioun through his vehicle Premier Merchandise Sdn Bhd.
Tan is making a general offer for all the BRetail shares and irredeemable convertible preference shares (ICPS) he does not own for 65 sen in cash per share.
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