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Yee Lee Corp takeover not fair but reasonable
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.
Yee Lee offer said to be fair
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.
Yee Lee major shareholders make takeover offer
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.
Spritzer in talks to reschedule delivery of new production line
GEORGE TOWN: Spritzer Bhd will consider delaying its RM40mil expansion exercise in light of the Movement Control Order (MCO) extension into May.
E&E players laud govt decision
PETALING JAYA: The Malaysian electrical and electronic (E&E) industry lauds the government’s decision to allow selected economic sectors that have been operating at half capacity to operate at full capacity beginning today.
Asian markets slide, KLCI slumps 40 points on Covid-19 anxiety
KUALA LUMPUR: Key Asian markets and Bursa Malaysia slumped in early Monday trade on growing anxiety over the fallout from the Covid-19 coronavirus as no certainty was in sight on how long it would continue.
Spritzer plans two new bottling lines
GEORGE TOWN: Spritzer Bhd plans to set up two high speed fully automated bottling lines at its facilities in Shah Alam and Yong Peng this year as part of a RM40mil investment plan.
20,000 mineral water bottles for Guangzhou ‘warriors’
SPRITZER Bhd has sent 20,000 bottles of its mineral water to Guangzhou, China as a show of support the country that has been badly affected by the Covid-19 outbreak.