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Commodities 12 Dec 2016 | 12:00 AM

KLK extends offer period for MP Evans shares

It maintains same price despite receiving poor response

Corporate News 09 Dec 2016 | 8:01 PM

KLK extends offer period for MP Evans shares, maintains price

KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) has extended the offer period for MP Evans Group PLC shares to Dec 21 but presses on with its existing offer price despite having received valid acceptances representing only 12.9% of the London-listed plantation firm's existing share capital as of the first closing date.

Corporate News 02 Dec 2016 | 12:00 AM

KLK disputes MP Evans valuation

KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) has disputed the asset valuation report presented by London-listed plantation firm MP Evans Group PLC as proof that its revised offer undervalues the latter and urges MP Evans shareholders to accept its offer “as soon as reasonably practicable”.

Corporate News 01 Dec 2016 | 1:43 PM

KLK: MP Evans valuation not backed by relevant market data

KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) disputes the asset valuation report presented by MP Evans Group PLC as proof that its revised offer undervalues the London-listed plantation firm and urges MP Evans shareholders to accept its offer “as soon as reasonably practicable”.

Corporate News 18 Nov 2016 | 11:59 AM

KLK posts offer document to MP Evans shareholders

KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) went ahead and posted its offer document to MP Evans Group PLC’s shareholders on Friday despite MP Evans board’s rejection of its sweetened offer and claim of having the support of shareholders controlling almost 41% of its issued share capital,

Corporate News 15 Nov 2016 | 1:23 PM

MP Evans rejects KL Kepong’s sweetened takeover offer (Update)

KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) has sweetened its takeover offer for London-listed MP Evans Group Plc, which operates plantations in Indonesia and Malaysia, from 640 pence (RM34.41) to 740 pence (RM39.78).

Corporate News 26 Oct 2016 | 4:07 AM

KLK’s move to takeover MP Evans set to enhance earnings

KUALA LUMPUR: The proposed move by Kuala Lumpur Kepong Bhd (KLK) to acquire British company MP Evans Group Plc, which caught analysts monitoring the stock off guard, is positive as the offer price is attractive and the take over will enhance the company’s future earnings.

Corporate News 25 Oct 2016 | 3:00 PM

KLK makes RM1.8bil hostile bid for London-listed M.P. Evans

KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK), whose £359.3mil (RM1.82bil) all-cash offer to take over London-listed plantation firm M.P. Evans Group PLC was earlier rejected by the target company's board, is now taking the same proposal directly to M.P. Evans shareholders.

Business 19 Apr 2013 | 12:00 AM

Suiwah’s RM50mil Sunshine Bertam mall opens in June

GEORGE TOWN: Suiwah Corp Bhd’s new RM50mil shopping mall in Bertam, Kepala Batas, is expected to open in June.

Business 06 Nov 2007 | 12:00 AM

Bertam Properties sells RM150mil land

Bertam Properties Sdn Bhd has sold land worth RM150mil in Bertam, Kepala Batas, to five educational institutions.