Emerging Glory asked to make offer

PETALING JAYA: Emerging Glory Sdn Bhd (EGSB) has received a letter from Securities Commission (SC) that the company must extend a mandatory offer for the remaining shares in Teo Seng Capital Bhd.

Teo Seng in a Bursa Malaysia filing yesterday said EGSB had decided that an appeal from the ruling would not be sought from the SC.

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