PETALING JAYA: Boustead Holdings Bhd is acquiring a 97.14% stake in Johan Ceramics Bhd from Lembaga Tabung Angkatan Tentera (LTAT) for RM28.86mil cash or 35 sen each.
The company told Bursa Malaysia yesterday that it would launch a takeover offer for the remaining shares not owned, since it would hold more than 50% equity interest in Johan Ceramics.
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