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KUALA LUMPUR: MESB shares and it warrants surged to multi-month highs early Tuesday after the company received a mandatory takeover offer for its shares, reflecting the irrational exuberance of investors.
KUALA LUMPUR: Two officials of Lotus KFM Bhd Wong Sak Kuan and Yau Ming Teck have launched a mandatory takeover offer for the remaining shares of MESB Bhd after they raised their combined stake to 44.14%.
KUALA LUMPUR: Shares in Oversea Enterprise Bhd rose over 21% in early trade following an unconditional mandatory takeover offer (MTO) by Anzo Holdings Bhd managing director Datuk Chai Woon Chet.
THE heated-up stock market is leading to a rush for unlisted assets to enter the capital market and for individuals to take over listed companies.
KUALA LUMPUR: What a week it has been for Bursa Malaysia as frenzied buying of penny stocks and heavy churning saw the trading volume break fresh records several times this week.
KUALA LUMPUR: Anzo Holdings Bhd managing director Datuk Chai Woon Chet has made an unconditional mandatory takeover offer (MTO) of restaurant owner Oversea Enterprise Bhd after acquiring 63.37% of the company.
KUALA LUMPUR: Shares in Watta Holding Bhd rose over 11% in early trade Thursday after its group executive chairman Datuk Lee Foo San launched a mandatory takeover offer.
KUALA LUMPUR: Stocks to watch on Thursday include Datasonic Group Bhd, Watta Holding Bhd, MMAG Holdings Bhd, UMW Holdings Bhd, KLCCP Stapled Group and Pasdec Holdings Bhd, according to JF Apex Research.