IGB Commercial REIT prices institutional offering at 71 sen per unit
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.
IGB Commercial REIT delays IPO listing, cuts size of institutional offering
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.
Tony Tiah’s unconditional mandatory takeover offer on TA Enterprise deemed not fair but reasonable
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.
Sime Darby open to selling E&O stake, says CEO
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.
Chiau family controls 59% in Chin Hin Group Property after MGO
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.
Amverton shareholders advised to accept ‘unfair but reasonable’ takeover offer
KUALA LUMPUR (Feb 13): Shareholders of Amverton Bhd have been advised by Kenanga Investment Bank Bhd to accept the RM1.
Chiau family triggers MGO of Chin Hin Group Property
KUALA LUMPUR (Jan 14): Chin Hin Group Property Bhd (CHGP)’s non-independent and non-executive chairman Datuk Seri Chiau Beng Teik and his family have launched a mandatory general offer (MGO) for the rest of the shares they do not own in the company.
Tycoon Chen Lip Keong holds 92.14% of Karambunai shares as offer closes
KUALA LUMPUR (Nov 5): Tan Sri Dr Chen Lip Keong and the parties acting in concert in the offer for Karambunai Corp Bhd (KCB)’s shares have ended up with 5.
Putrajaya offers to buy Kampung Baru land for about RM6m each
KUALA LUMPUR (Sept 21): The federal government is offering the maximum value of RM850 per square feet for Kampung Baru land, which makes the average 8,000 square feet plot to be worth more than RM6 million.