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PETALING JAYA: Almost all minority shareholders of Paragon Union Bhd have rejected the unconditional mandatory takeover offer by Koon Hoi Chun, the sole shareholder and director of AKK Capital.
KUALA LUMPUR: Paragon Union Bhd’s independent directors and independent adviser have urged the minority shareholders to reject the takeover offer by AKK Capital Sdn Bhd at 55 sen a share.
KUALA LUMPUR: Investors’ appetite for riskier assets on the first trading day of the Year of the Ox and a jump in crude oil prices enabled the FBM KLCI to close above the critical 1,600 on Monday.
KUALA LUMPUR: JF Apex Research expects Hartalega Holdings Bhd, IGB Real Estate Investment Trust, Bioalpha Holdings Bhd, Key Asic Bhd, KNM Group Bhd and Kerjaya Prospek Group Bhd to be among the stocks to watch on Tuesday.
KUALA LUMPUR: Shares of Paragon Union Bhd shares climbed to a high of RM1.08 a share early Monday as investors hoped the takeover offer price would be increased from 55 sen.