In a filing with Bursa Malaysia, F&N said Cocoaland’s board is to revert to F&N no later than 5pm on June 17, 2022, on whether to put forward the proposal for the privatisation to the Scheme Shareholders for their consideration.
KUALA LUMPUR: Fraser and Neave Holdings Bhd
(F&N) plans to acquire the entire equity interest in Cocoaland Holdings Bhd not already owned by it for RM488.15mil, and subsequently, the privatisation of Cocoaland, to be undertaken by way of a members’ scheme of arrangement.
In a filing with Bursa Malaysia, F&N said Cocoaland’s board is to revert to F&N no later than 5pm on June 17, 2022, on whether to put forward the proposal for the privatisation to the Scheme Shareholders for their consideration.
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