KUALA LUMPUR: Low-profile Ogawa World Bhd has been thrust into the limelight after Shenzen-listed Xiamen Comfort Science & Technology Group Co Ltd launched a takeover of Ogawa World Bhd at RM1.05 cash a share or a total of RM126.2mil.
The takeover, which was launched on Monday, saw several shareholders who owned a combined 53.9% of Ogawa World or 64.62 million shares, giving their irrevocable undertakings to Xiamen to accept the offer.
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