Ayala Land owns 72.3% of MCT as general offer closes
KUALA LUMPUR (Feb 20): Ayala Land Inc, the biggest property group in the Philippines, increased its indirect stake in MCT Bhd to 72.
MCT denies mandatory general offer from Ayala Land
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.
EPF, Gapurna to avoid MGO in MRCB cash call
KUALA LUMPUR (June 23): Malaysian Resources Corp Bhd (MRCB) said its major shareholders Employees Provident Fund (EPF) and Gapurna Sdn Bhd (GSB) will avoid triggering any mandatory general offer (MGO) while they apply for excess rights shares and warrants under the group’s cash call exercise.
