Datuk Chai Woon Chet has made an unconditional mandatory takeover offer (MTO) for restaurant owner Oversea Enterprise Bhd after acquiring 63.37% of the company.
KUALA LUMPUR: Anzo Holdings Bhd managing director Datuk Chai Woon Chet has made an unconditional mandatory takeover offer (MTO) for restaurant owner Oversea Enterprise Bhd
after acquiring 63.37% of the company.
In the notice of the takeover offer issued to Oversea board on Thursday, Chai had entered into a sale and purchases of shares agreement with four parties to buy the stake, comprising 151.25 million shares, for RM45.37mil or 30 sen a share.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
