PETALING JAYA: Euro Holdings Bhd
has received a conditional mandatory takeover offer from its executive director and two major shareholders to acquire the remaining 52.3% of the share capital that they do not already own, for a cash consideration of 44 sen a share.
The joint offerors – executive director and a major shareholder, Datuk Seri Choong Yuen Keong and two other major shareholders, Datuk Tong Yun Mong and Tee Wee Sien -- want to acquire all the remaining shares in Euro not already held by them, amounting to 42.394 million shares.
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