Integrax shareholders urged to hold on to shares

PETALING JAYA: Integrax Bhd co-founder and deputy chairman Amin Halim Rasip is making another attempt to thwart the offer by Tenaga Nasional Bhd (TNB) for Integrax at RM3.25 a share by requesting Integrax shareholders not to sell their shares to TNB yet and is planning to make a voluntary general takeover (VGO).

In a statement on Saturday, Amin has suggested Integrax shareholders only decide on selling their shares after March 31, the closing date of TNB’s takeover offer for Integrax.