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).

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

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