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MALAYSIAN Industrial Development Finance Bhd (MIDF) will make the arrangement to delist Amanah Capital Partners Bhd (ACP) from the KLSE.
MALAYSIAN Industrial Development Finance Bhd (MIDF), which is acquiring the entire issued and paid-up capital of Amanah Capital Partners Bhd (ACP), said it had received 96.46% acceptance comprising 362.57 million ACP shares at the close of its voluntary offer on Feb 7.
MALAYSIA achieved a trade surplus of RM6.3bil in January, 38.5% higher than the RM4.5bil surplus recorded in December last year. The January surplus was the largest recorded by the country since March 2000, according to the Ministry of International Trade and Industry (Miti).
HARDLY three weeks after its Valentine#039;s Day listing, Symphony House Bhd has created a minor stir on the share market with its proposed acquisition of Malaysian Issuing House Sdn Bhd (MIH) for RM2.45 million cash. It was, by far, the most active counter on the Kuala Lumpur Stock Exchange (KLSE) on Wednesday (the day the announcement was made) and Thursday.
MALAYSIAN Industrial Development Finance Bhd (MIDF) warrants are likely to remain lacklustre in the coming months as the mother share, which is trading at about 80 sen currently, is sharply below the warrant's conversion price of RM2.33, with price recovery not in clear sight.