The takeover offer is for all Sprint securities, worth RM1.98 million. – The Malaysian Insight file pic, June 24, 2019.
KUMPULAN Perangsang Selangor Bhd’s 20% associate, Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd , has received a takeover offer for all securities – including ordinary and preference shares, and loan stocks – worth RM1.98 million. In a statement today, Perangsang Selangor said the offer, to be undertaken by Minister of Finance Inc’s wholly owned special purpose vehicle, is conditional upon satisfactory due diligence findings, and approvals from the cabinet and other parties, including authorities and shareholders.
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