Systech gets MGO from Smartpro Capital


PETALING JAYA: Smartpro Capital Sdn Bhd has emerged as the controlling shareholder in Systech Bhd after buying 180.7 million shares, or 52.25%, from Leinet Technology Bhd for RM39.75mil cash or 22 sen per Systech share.

Smartpro, controlled by Liew Choon Lian (50.1%) and JCap Sdn Bhd (49.9%), has now tabled an unconditional mandatory general offer or MGO for the remaining Systech shares at 22 sen each.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Vance says US-Iran talks have failed, no agreement reached
The dark truth about GRRs
The little giants of property development
Malaysia’s urban squeeze
Ringgit may breach 3.95 next week on Middle East ceasefire optimism
Tokens lure top AI talent
AI rewrites Bollywood’s script
Treasuries face war cost test
Don’t bend lending rules for power boom
Staying rational in volatile times

Others Also Read