MRCB picks AmInvestment Bank as independent adviser for EPF takeover offer

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) has appointed AmInvestment Bank Bhd as independent adviser in relation to the Employees Provident Fund Board's conditional takeover offer at RM1.50 per share.

It said on Thursday, March 4  that the appointment of AmInvestment Bank as the independent adviser is subject to the approval of the Securities Commission  and an announcement will be made upon receiving the SC’s approval on the said appointment.

"The board also wishes to announce that it does not intend to seek an alternative person to make a take-over offer for the offer shares," it added
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