KUALA LUMPUR: Eurospan Holdings Bhd
(EHB) today received a notice of unconditional mandatory take-over offer from AmInvestment Bank Bhd on behalf of EC Synergy (M) Sdn Bhd to acquire all the remaining ordinary shares in the company for a cash consideration of RM2.30 per share.
In a filing with Bursa Malaysia, the company said the offer was made after EC Synergy today entered into two share purchase agreements (SPAs) with Datuk Seri Tan Han Chuan and Datin Tan Ching Ching, respectively, to acquire 32.93 million ordinary shares in EHB, representing 74.14 per cent equity interest in the company worth RM75.75 million.
