Kian Joo’s shares gain to near Can-One takeover price level


Expansion strategy: Can-One says there are synergistic benefits if both companies are consolidated into one.

PETALING JAYA: Can-One Bhd, which already owns 32.90% of Kian Joo Can Factory Bhd, has launched a conditional mandatory takeover of the latter at RM3.10 a share.

This follows the takeover being approved at its EGM yesterday.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , Can-One , Kian Joo , takeover , shares , price , rise ,

   

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