Tong Herr privatisation bid offers RM2.55 per share, 41.7% premium
PETALING JAYA: Tong Herr Resources Bhd is set for privatisation at RM2.55 per share after the company’s non-interested directors accepted a proposal from its major shareholders Allrich Corp and Richard Holdings Ltd. According to a filing with Bursa Malaysia, the non-interested directors, after taking into consideration the advice of independent adviser Mercury Securities Sdn Bhd, […]
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