KUALA LUMPUR: The mandatory takeover offer of Meta Bright Group Bhd (MBGB) by Leading Ventures Sdn Bhd has not succeeded at the close of the offer yesterday.
In a filing with Bursa Malaysia yesterday, MBGB, formerly known as Eastland Equity Bhd, said its executive director and Leading Ventures’ sole director and shareholder Datuk Lee Wai Mun, and persons acting in concert with them, held a 56.48% stake in the group and also 26.08% of warrants.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!