Kian Joo gets RM1.5b takeover offer


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.

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Business , Kian Joo , Can-One , EPF

   

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