Ong launches takeover offer for OSK Ventures


PETALING JAYA: Tan Sri Ong Leong Huat has made a conditional mandatory takeover offer for OSK Ventures International Bhd’s shares at 58 sen a piece and 15 sen for the company’s warrants that he did not already own.

The offer was triggered after OSK Equity Holdings Sdn Bhd (OSKE), which is controlled by Ong, acquired on Dec 27 an additional 13.28% stake in the OSK Ventures from the open market.

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Business , OSK mandatory take-over , offer

   

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