PETALING JAYA: Minority shareholders of Milux Corp Bhd are advised to reject the takeover offer from Topspike Holdings Sdn Bhd and Asia New Venture Capital Holdings Sdn Bhd (ANVCHSB) at 80 sen per share.
Interpac Securities Sdn Bhd, which is the independent adviser, said the offer was “not fair” and “not reasonable” and recommended the minority sharehodlers of Milux, which manufactures of gas cookers, electrical household appliances, to reject the offer.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!