Yi-Lai gets takeover offer


Hampton Capital Pte Ltd, which owns a third of Yi-Lai, is offering 78.5 sen per share to buy out other shareholders in the tile-making company.

PETALING JAYA: The largest shareholder of Yi-Lai Bhd has made a conditional offer to take the tile manufacturer private, barely over a year after a deal to sell the company to Penang-based property developer Aspen Group fell through.

Hampton Capital Pte Ltd, which owns a third of Yi-Lai, is offering 78.5 sen per share to buy out other shareholders in the company.

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Business , yi-lai bhd , Hampton , takeover , private ,

   

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