Robert Tan makes conditional MGO for Computer Forms

The 20-year contract secured by its unit Metro Parking Management Philippines Inc would also include the construction of an additional 208-bays of steel deck parking structure in MBP - a bustling business hub in the affluent suburb near Alabang Town Centre, one of Metro Manila

KUALA LUMPUR: Computer Forms (M) Bhd said it has received a conditional mandatory takeover offer from substantial shareholder Tan Sri Robert Tan Hua Choon.

The RM1.25 per stock cash offer was triggered after Tan acquired an additional 1.945 million shares in Computer Forms on Oct 26 via a direct business transaction. The purchase of the 4.74% block of shares increased his stake in the company to 33.57%.