Eurospan shareholders advised to reject MGO, deemed ‘not reasonable’

PETALING JAYA: Independent adviser Mainstreet Advisers Sdn Bhd has recommended Eurospan Holdings Bhd’s shareholders to reject the mandatory general offer (MGO) from new controlling shareholder Samuel Ng Heng Hong.

In a circular to shareholders yesterday, Mainstreet Advisers said the offer was deemed “not fair and not reasonable.”