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KUALA LUMPUR: Muda Holdings Bhd is buying a corrugated cartons and boards factory near Ipoh, Perak from Yee Lee Corp Bhd for RM22mil cash.
KUALA LUMPUR: The takeover offer for Yee Lee Corp Bhd, which trades in edible oil, at RM2.06 a share is “not fair” but “reasonable”, according to the board and independent adviser to the minority shareholders.
KUALA LUMPUR: Yee Lee Corp Bhd, which trades in edible oil, announced that its major shareholders now hold around 90.08% of the company.
PETALING JAYA: The offer by Yee Lee Corp Bhd’s founder and executive chairman Datuk Lim A Heng@Lim Kok Cheong and joint offerers to acquire the remaining shares in the company that they do not already own at RM2.06 per share is fair.
KUALA LUMPUR: JF Apex Research expects Progressive Impact Corp Bhd (PICorp), BTM Resources Bhd, Yee Lee Corp Bhd, Mlabs Systems Bhd, SMTrack Bhd and Tasek Corp Bhd to be among the stocks to watch on Wednesday.
PETALING JAYA: Yee Lee Corp Bhd’s major shareholders, which own a combined 89.94% stake in the company, have launched a voluntary takeover to acquire the remaining shares at RM2.06 per share.
SHAH ALAM: China-Malaysia trade value will hit another record high this year due to a strong increase in bilateral trade, says China’s Ambassador to Malaysia, Bai Tian.
KUALA LUMPUR: Langit Makmur Sdn Bhd, which is one of the joint offerors in the takeover of Yee Lee Corp Bhd, bought 155,500 shares at RM2.33 each on Wednesday.
KUALA LUMPUR: Can-One Bhd, Seacera Group Bhd Yee Lee Corp Bhd and Yong Tai Bhd are among the stocks to watch on Friday, according to JF Apex Research.