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).
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.
KUALA LUMPUR (Jan 3): MCT Bhd rose as much as 1.
KUALA LUMPUR (Jan 2): MCT Bhd’s major shareholder Regent Wise Investment Ltd is raising its shareholding in the company to 50.
KUALA LUMPUR (Dec 8): MCT Bhd is disposing of its wholly-owned unit which owns properties in the One City development in Subang Jaya, for RM7.
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.
KUALA LUMPUR (May 29): MCT Bhd’s new chief executive officer is confident that the group will continue to achieve growth despite the softer property market, as the sector still offers opportunities.
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