PETALING JAYA: Tebrau Teguh Bhd has received an offer from Iskandar Waterfront Holdings Sdn Bhd (IWH) for the latter to acquire all the remaining shares not already owned by it in Tebrau Teguh for 76 sen per share.
IWH made the offer on Jan 29 to Tebrau Teguh’s substantial shareholder, Kumpulan Prasarana Rakyat Johor Sdn Bhd (KPRJ), to acquire 222 million shares, or a 33.15% stake, in Tebrau Teguh for RM168.72mil.
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