KUALA LUMPUR: Shares of Can-One Bhd and packaging solutions company Kian Joo Can Factory Bhd (KJCF) bucked the cautious broader market early Wednesday following the fresh corporate developments involving a RM1.46bil takeover exercise.
At 9.25am, KJCF was up eight sen to RM3.29, which was just one sen away from the RM3.30 takeover offer price. There were 493,700 shares done at prices ranging from RM3.6 to RM3.30.
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