Revised takeover offer closes


PETALING JAYA: JT International Bhd’s (JTI’s) revised takeover offer from JT International Holding BV to acquire all the remaining ordinary shares in JTI for RM8.20 per share closed yesterday.

In a filing with Bursa Malaysia, JTI said on the closing date, the offeror held 256.7 million ordinary shares of 25 sen each in JTI, representing approximately 98.15% of the issued and paid-up share capital of JTI.

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