KUALA LUMPUR: Shareholders of TH Heavy Engineering Bhd (THHE) have been advised to vote in favour of exempting Urusharta Jamaah Sdn Bhd (UJSB) from undertaking a mandatory takeover offer.
KAF Investment Bank, in its independent advice to non-interested shareholders, said the proposed exemption is “fair and reasonable and is not detrimental to the interests of the non-interested shareholders”.
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