Adventa surges to 12-month high on takeover offer

  • Business Premium
  • Thursday, 12 Jul 2012

PETALING JAYA: Adventa Bhd's share price surged 27 sen to a 12-month high of RM1.88 after the board received a takeover offer from its major shareholder and a private equity fund.

Although the takeover offer was RM2.10 a share, Adventa had said it would distribute RM1.70 per share to shareholders.

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