Nod for DXN takeover


PETALING JAYA: The Securities Commission has given the nod for major shareholders of DXN Holdings Bhd to acquire all the remaining 33.38% stake at RM1.75 per share.

Earlier this month, the company’s major shareholders including its founder Datuk Lim Siow Jin and related parties that collectively held a 66.62% stake in DXN had proposed to acquire all the remaining shares in a RM131.4mil deal.

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