KUALA LUMPUR: Datuk Ong Choo Meng, who first emerged as a substantial shareholder in Rubberex Corp (M) Bhd in late February, is making a mandatory offer to take over the glovemaker at a steep discount to market price.
According to a filing with Bursa Malaysia today, Ong and his company Hextar Rubber Sdn Bhd is offering RM1.80 a share to buyout minority shareholders in Rubberex.
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