On behalf of TNB, CIMB Investment Bank Berhad wishes to announce that, the Offeror has received valid acceptances in respect of the Revised Offer resulting in the Offeror holding in aggregate, together with such Integrax Shares that are already held or entitled to be acquired or held by the Offeror, more than 50% of the voting shares of the Offeree as at 5.00 p.m. (Malaysian time) on Monday, 30 March 2015, as set out below:
With Amin gave-up and TNB has ~ 70%. If the minority decided not to sell now or at Open market, what will happen to the minority stocks? Will Integrax still get delisted and the balance ~30% got force sell at 3.175?
wonder why this stock at the top 30 trending counters in i3 forum. there is no movement, there is no hype news, even the last person comment here was more than a year ago
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Posted by samer > 2015-03-19 13:33 | Report Abuse
Unbeatable Nick, 3.50 is only offered to Perak Corp not to all other shareholders