JAG’s offer for KUB Malaysia turns unconditional
04 Mar 2024
KUALA LUMPUR (Mar 4): The mandatory general offer (MGO) by JAG Capital Holdings Bhd to takeover KUB Malaysia Bhd at 60 sen per share has turned unconditional after the offeror received enough valid acceptances that pushed its stake in KUB past 50% — to 56.75%.
JAG is controlled by Minister of Plantation Industries and Commodities Datuk Seri Johari Abdul Ghani, who holds 98.75% in the company.
Emir Zainul (2024, Mar 4) JAG’s offer for KUB Malaysia turns unconditional
Retrieved from https://theedgemalaysia.com/node/703376
