Mahajaya gets takeover offer
The Star Friday 10th February, 2012
Bursa Malaysia Mahajaya said the offer price represented a price-to-book ratio of 0.69 times based on the audited consolidated net assets per share of RM1.23 as at June 30, 2011. The joint offerors do not intend to keep the listing status of Mahajaya. They pointed out that no capital-raising exercise had been done to fund the group's growth since i...





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