THE furore on Can-One Bhd
has yet to end, and not surprisingly so, considering there are now privatisation and merger possibilities apart from the company's ability to equity account Kian Joo Can Factory Bhd's earnings based on its 32.9% stake in the latter.
In response to a query by Bursa Malaysia on Can-One's major shareholders and friendly parties considering a privatisation or merger exercise with Kian Joo, the board of directors of Can-One pointed out that it has no knowledge of plans to do so.
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