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News About Ayala Land

MCT shareholders told to reject unfair, unreasonable takeover offer

By Syahirah Syed Jaafar Feb 05

KUALA LUMPUR (Feb 5): MCT Bhd shareholders have been told to reject the takeover bid launched by Philippines-based property developer Ayala Land Inc's unit Regent Wise Investments Ltd, which has been deemed "not fair and not reasonable" by independent adviser Kenanga Investment Bank Bhd (Kenanga IB).

MCT will not seek alternative takeover offer

By Jan 11

KUALA LUMPUR (Jan 11): MCT Bhd, which recently received a takeover offer from its major shareholder Regent Wise Investments Ltd (RWIL) at 88 sen per share, said it will not seek an alternative person to make a takeover offer for the offer shares.

Ayala Land to proceed with MGO

By BIMB Securities Research Jan 09

MCT Bhd  (Jan 8, 88.5 sen)

MCT denies mandatory general offer from Ayala Land

By Samantha Ho Jul 18

KUALA LUMPUR (July 18): MCT Bhd has denied that the company faces a mandatory general offer (MGO) from its single-largest shareholder, the Philippines-based Ayala Land Inc.

Ayala Land MGO is unlikely, says MCT

By Gho Chee Yuan Dec 21

Ayala Land had on Oct 16 hiked its stake in MCT to 32.95% from 9.16% previously for US$92 million (RM396 million).