News about offer

PETALING JAYA (Sept 7) : The Securities Commission Malaysia (SC) has exempted Success Lineage Sdn Bhd (SLSB) and eight individuals from the obligation to undertake a mandatory offer for the remaining voting shares in KSL Holdings Bhd, in connection with a restructuring to establish a single family office.

PETALING JAYA (June 5): Independent adviser MainStreet Advisers Sdn Bhd has concluded (in an independent advice circular yesterday) that the RM0.

KUALA LUMPUR (April 3): IJM Corp Bhd (KL:IJM) on Friday said any discussions Sunway Bhd (KL:SUNWAY) may have had with any of its shareholders prior to the announcement of Sunway's takeover bid were conducted without the knowledge or involvement of the IJM board or its management.

KUALA LUMPUR (Feb 26): Sunway Bhd (KL:SUNWAY) on Wednesday (Feb 25) revised the cash component of its takeover offer for IJM Corp Bhd (KL:IJM) following the declaration of a two-sen dividend to Sunway shareholders.

Net income fell 13% to RM17.

KUALA LUMPUR (Sept 3): IGB Commercial Real Estate Investment Trust (REIT) has fixed 71 sen as the price for the institutional portion of its initial public offering (IPO), notably lower than the indicative price of 83 sen apiece set for its book-building exercise.

KUALA LUMPUR (July 3): IGB Commercial Real Estate Investment Trust (IGB Commercial REIT) has postponed its planned initial public offering (IPO), after extending the closing date for the restricted offering to Aug 20 from July 6.

KUALA LUMPUR (Jan 14): The unconditional mandatory takeover offer on TA Enterprise Bhd (TAE) by major shareholder Datuk Tony Tiah Thee Kian (pictured) is viewed as unfair, but reasonable, and shareholders urged to accept the offer.

KUALA LUMPUR (May 21): Sime Darby Bhd said it is willing to part with its stake in Eastern and Oriental Bhd (E&O) if it can secure the right price.

KUALA LUMPUR (March 6): Chin Hin Group Property Bhd’s (CHGP) non-independent and non-executive chairman Datuk Seri Chiau Beng Teik and his family now control 59.