Consortium launches takeover offer for VLB shares


PETALING JAYA: In a significant corporate move, a consortium that includes Noble Pinnacle (Holding) Sdn Bhd (NPH) and three other individuals has launched an unconditional mandatory takeover offer for all remaining shares of Vestland Bhd (VLB).

The offer was triggered after the consortium’s collective stake crossed a critical threshold, obliging them to make a buyout offer to other shareholders.

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