KUALA LUMPUR: Tenaga Nasional Bhd
’s conditional offer for Integrax Bhd was rebuffed by the latter’s original founding shareholder, Amin Halim Rasip, who described the RM2.75 a share as “not fair and not reasonable”.
In a statement to the Press on Friday, Amin – who has a 22.81% stake in Integrax – said Tenaga’s offer was “not reflecting the value of Integrax”.
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