PETALING JAYA: After its failed takeover of MISC Bhd
, there is a chance Petroliam Nasional Bhd (Petronas) may put in another bid for the shipping giant.
Such a move, however, would only take place a year from last Friday, when Petronas' RM5.50 offer closed. Under the Malaysian Code on Takeovers and Mergers 2010, an offeror is not allowed to make a new offer within 12 months of announcing that its buyout had failed.
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