Adviser urges ICT Zone Asia minority shareholders to reject exit offer


KUALA LUMPUR: ICT Zone Asia Bhd’s minority shareholders have been advised by an independent adviser to reject the unconditional voluntary take-over offer (exit offer) from ICT Zone Holding Sdn Bhd and Datuk Seri Ng Thien Phing (the joint offerors). 

In a statement today, ICT Zone Asia said that the offer includes acquiring all the remaining 234.73 million shares, representing approximately 35.43 per cent of the total issued shares in ICT Zone Asia at a cash offer price of 20 sen per share. 

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