Oct 25 deadline for Daibochi


The company said yesterday it had received the offer document issued by UOB Kay Hian Securities (M) Sdn Bhd with regards to the unconditional voluntary takeover by Scientex Bhd.

PETALING JAYA: Daibochi Bhd has until Oct 25 to consider whether to accept Scientex Bhd’s RM345.3mil takeover offer.

The company said yesterday it had received the offer document issued by UOB Kay Hian Securities (M) Sdn Bhd with regards to the unconditional voluntary takeover by Scientex Bhd.

“The offer is open for acceptance until 5pm on Monday, Oct 25, 2021, unless extended in accordance with the provisions of the rules on takeovers, mergers and compulsory acquisitions no later than two days before the closing date,” the document said.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Daibochi , Scientex , takeover , offer ,

   

Next In Business News

CPO futures likely to undergo technical correction next week
Econpile issues termination notice to Gabungan Strategik
Intel's US$20bil Ohio factory could become world's largest chip plant
Shrunken US oil inventories point to chronic under-supply
Royal Dutch no more - Shell officially changes name
Oil price slides, but climbs for 5th week on supply concerns
GLOBAL MARKETS-Bond yields tumble as Netflix fuels stock market sell-off
Rising interest rate fallout unlikely
Policy normalisation can lend support to ringgit
Short Position - Green bond, O&G funding, Going the EV way

Others Also Read


Vouchers