Will buyout offer for Kian Joo be reviewed?


Higher worth: Kian Joo shareholders have long argued that the company is worth at least RM4 per share.

Offer price for the can manufacturer, made about 19 months ago, comes into question as the deal drags on.

IT is nearly two years since Kian Joo Can Factory Bhd received a buyout offer from a private vehicle that is partly owned by the Employees Provident Fund (EPF).

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , Kian Joo , Can-One , EPF , takeover

   

Next In Business News

Ringgit trims earlier gains to end slightly lower against US dollar
Ho Hup disposes of Bukit Jalil land for RM110mil
Perodua eyes 79% export surge to 1,960 units this year
Favelle Falco secures RM39.2mil contracts for offshore, tower cranes
RHB Islamic International Asset Management appoints Najman Isa as CEO
Sunzen to buy 70% stake in Eye Nation Medical
KKB gets PETRONAS LPG contract worth RM37.9mil
Bursa Malaysia brings flagship investment fair to Sabah
FBM KLCI continues flirting with 1,600-point level
Sin-Kung Logistics’ IPO public portion oversubscribed 26.5 times

Others Also Read