KUALA LUMPUR: The Securities Commission Malaysia (SC) has cleared 10 offer documents involving RM5.53 billion for takeovers and mergers in 2023 compared with 18 offers worth RM2.10 billion a year ago.
The SC said in its Annual Report 2023/Capital Market Stability Review 2023 released today that of the 10, seven involved offeree companies listed on the Main Market Bursa Malaysia, one was an offeree company listed on the ACE Market and two were related to an unlisted public company.
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