Kian Joo Can Factory Bhd subsidiary Kian Joo Packaging Sdn Bhd's premises.
PETALING JAYA: A competing offer from Toyota Tsusho Corp (TTC) that values Kian Joo Can Factory Bhd at a higher price puts the spotlight on the Employees Provident Fund (EPF).
This is because the offer from TTC at a maximum of RM3.74 per share for Kian Joo shares to be paid in cash is much higher than the value that the EPF has attached to the can manufacturer.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
