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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.

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).

Kian Joo , Can One , EPF , takeover

   

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