Doh Properties makes MGO for rest of DBE Gurney


According to Bloomberg, Seng Huat(pic) owns a 4.89% stake in DBE Gurney.

PETALING JAYA: Doh Properties Holdings Sdn Bhd, which emerged as a substantial shareholder in DBE Gurney Resources Bhd back in December last year, is making a mandatory general offer (MGO) for the rest of the shares in the company.

The MGO was triggered after Doh Properties’ stake in DBE Gurney crossed the 33% threshold yesterday, a filing with Bursa Malaysia showed.

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Business , DBE Gurney , Ding Seng Huat , MGO , takeover ,

   

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