MHIL makes official buyout offer for Shell Refining


PETALING JAYA: Shell Refining Company (SRC) has officially received an unconditional takeover offer from Malaysia Hengyuan International Ltd (MHIL), to acquire the remaining 49% stake in SRC.

SRC told the stock exchange that under the unconditional takeover offer, it will buy the remaining 147 million shares at an offer price of RM1.92 per share.

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Business , Shell Refining Company

   

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