In a filing with Bursa Malaysia, Country View said that the acquisition
KUALA LUMPUR: Pasdec Holdings Bhd
's minority shareholders have been advised to reject a takeover offer from its major shareholder Datuk Seri Tew Kim Thin as the offer price of 52.5 sen was “not fair” and “not reasonbable”.
The board said on Friday that based on the realised net asset value (RNAV), the estimated fair value of the Kuantan-based property developer' shares is RM2.11 per Pasdec share.
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