FACB receives RM134.2mil privatisation offer at RM1.60 per share


KUALA LUMPUR: FACB Industries Incorporated Bhd has received a privatisation offer worth RM134.2mil from Chen Yiy Fon, the son of its late founder.

Chen, who is also the company’s chairman, is offering to acquire all shares held by his late father, Tan Sri Chen Lip Keong, his mother, and other minority shareholders at RM1.60 per share.

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