PETALING JAYA: Hai-O Enterprise Bhd is proposing an internal reorganisation exercise that will see Beshom Holdings Bhd assuming its listing status and becoming the investment holding vehicle for Hai-O.
In a filing with Bursa Malaysia yesterday, Hai-O said it is proposing a share exchange of up to 300.30 million ordinary shares (or its entire issued share capital) on the basis of one Beshom share for every one existing Hai-O share.
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