PETALING JAYA: ECM Libra Bhd’s minority shareholders have generally chosen to hold on to their shares in relation to the buyout offer by the company’s major owner, Lim Kian Onn, at 37 sen per share.
At the closing date of the offer yesterday, Lim and his parties acting in concert (PACs) only received about 1.34% or 3.83 million shares that accepted the offer.
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!