PETALING JAYA: Oil and gas service provider Eastern Pacific Industrial Corp Bhd (EPIC) received an unconditional take-over offer by its major shareholder, the Terengganu state government, to acquire the remaining 32.76% in the company for RM3.10 per share cash.
The offerors, Lembaga Tabung Amanah Warisan Negeri Terengganu (LTAW) and its unit Pembinaan PTB Sdn Bhd (PTTB), are also offering to compensate EPIC’s shareholders who had sold their shares since Dec 20, last year.
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