Takeover offer for Yee Lee shares


The major shareholders now hold around 90.08% of the company. This is above the 90% threshold that is needed to withdraw its listing status or to undertake a compulsory acquisition of the company. (File pic shows Yee Lee products).

KUALA LUMPUR: Yee Lee Corp Bhd, which trades in edible oil, announced that its major shareholders now hold around 90.08% of the company.

This is above the 90% threshold that is needed to withdraw its listing status or to undertake a compulsory acquisition of the company.

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