KUALA LUMPUR: Ogawa World Bhd has received a voluntary conditional takeover offer from Shenzen-listed Xiamen Comfort Science & Technology Group Co Ltd at RM1.05 cash per share.
Ogawa told Bursa Malaysia its Xiamen’s unit Comfort Enterprise (Hong Kong) Co Ltd was offering a premium of 19 sen, or 22.9%, above last Friday’s closing price of 86 sen.
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