Eddie Ong's RM2.50 per share takeover offer for Complete Logistics Services deemed fair and reasonable by independent adviser
The unconditional voluntary takeover offer on Complete Logistics Services Bhd (CLSB) made on Dec 7 by its 29.11% major shareholder Datuk Eddie Ong Choo Meng via his special purpose vehicle Hextar Tech Sdn Bhd (formerly known as Get Asia Group Sdn Bhd) is viewed as fair and reasonable, and shareholders are urged to accept the offer.
Kuala Lumpur Sdn Bhd Choo Meng Asia Group Sdn Bhd Logistics Services Bhd Complete Logistics Services Bhd
Source: theedgemarkets.com