PETALING JAYA: Mulpha Land Bhd (MLB) has received a take-over offer from Teladan Kuasa Sdn Bhd, to acquire all the remaining shares the latter does not own for a cash consideration of 49.7 sen per share.
The offer was triggered after Mulpha International Bhd entered into a call option agreement with Teladan Kuasa that gave the latter the right to acquire up to 75 million shares of 10 sen each in MLB.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!