In the independent advice circular yesterday, the independent directors concurred with TA Securities that the offer was unfair and advised them to reject the offer by Pitahaya (M) Sdn Bhd
KUALA LUMPUR: Independent adviser TA Securities and the independent directors of Pimpian Ehsan Bhd (PEB) have advised minority shareholders to reject the takeover offer of RM1.07 a share.
In the independent advice circular yesterday, the independent directors concurred with TA Securities that the offer was unfair and advised them to reject the offer by Pitahaya (M) Sdn Bhd.
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