Mixed views on Yeo Hiap Seng privatisation proposal


PETALING JAYA: Market observers have mixed views as to whether the proposed privatisation of Yeo Hiap Seng (M) Bhd (YHSM) by its parent, Yeo Hiap Seng Pte Ltd (YHSPL), at RM3.60 per share is a fair deal.

Analysts generally feel that although the price of RM3.60 is slightly below the fair value mark, nonetheless it is deemed fair. On the other hand, the Minority Shareholder Watchdog Group (MSWG) thinks it is on the lower side.

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