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.
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