Eurospan MGO closes with Ng controlling 84% stake


KUALA LUMPUR: The mandatory general offer (MGO) for Eurospan Holdings Bhd by its new controlling shareholder, Samuel Ng Heng Hong, has closed with valid acceptances raising his stake in the furniture manufacturer to 84.11%.

AmInvestment Bank Bhd, on behalf of Ng’s private vehicle EC Synergy (M) Sdn Bhd, said in a statement that the offer closed yesterday with acceptances for 4.43 million shares, representing 9.97% of Eurospan’s issued capital.

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