PETALING JAYA: Packaging solutions company Kian Joo Can Factory Bhd (KJCF) has received a RM1.46bil cash takeover offer from Aspire Insight Sdn Bhd at RM3.30 a share, which is RM1.01 above its net asset per share of RM2.29.
According to the takeover letter to KJCF, Aspire Insight would acquire the entire business and undertaking including all the assets and liabilities.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!