KUALA LUMPUR: Serba Dinamik Bhd founder and CEO Datuk Mohd Abdul Karim Abdullah has made a conditional mandatory takeover offer for shares he does not already own in Sarawak Consolidated Industries Bhd (SCIB) at RM1.10 a share.
Under the exercise, Karim is obliged to offer to acquire the remaining 44.12 million shares or 51.37% equity interest in the company he does not already own, said UOB Kay Hian, which represents the offerer, in a statement today.
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