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.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
