Leader Universal controlling shareholders offer buyout


PETALING JAYA: The controlling shareholders of Leader Universal Holdings Bhd, through HNG Capital Sdn Bhd (HNGC), have made a RM480.10mil offer to acquire the entire assets and liabilities of the company for RM1.10 per share.

“The purchase shall be satisfied via RM410.94mil in cash and RM69.16mil as an amount remaining due and owing by HNGC as a debt due to Leader,” Leader Universal said in a filing with Bursa Malaysia yesterday.

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