Versatile Creative Bhd News Today

KUALA LUMPUR (Jan 21): Independent adviser BDO Capital Consultants Sdn Bhd has advised Versatile Creative Bhd (VCB) minority shareholders to accept its largest shareholder NSK Trading Sdn Bhd’s takeover offer as the deal is “fair and reasonable”. In VCBs bourse filing today, BDO said the offer price of 70 sen was fair because it represented a premium of 44 sen or 169.2% to the estimated fair value per VCB share of 26 sen. It also said the offer price represented a discount of 7.28% per VC...

KUALA LUMPUR (Dec 21): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 22) may include: Mah Sing Group Bhd, Panasonic Manufacturing Malaysia Bhd, Bintai Kinden Corp Bhd, Kejuruteraan Asastera Bhd, Puncak Niaga Holdings Bhd, Greatech Technology Bhd, RHB Bank Bhd, Yi-Lai Bhd, Supermax Corp Bhd, Karex Bhd, ATA IMS Bhd, Fintec Global Bhd, Aeon Credit Service (M) Bhd, Gamuda Bhd, Versatile Creative Bhd and Deleum Bhd. Mah Sing Group Bhd’s sharehol...

KUALA LUMPUR (Dec 21): Versatile Creative Bhds largest shareholder NSK Trading Sdn Bhd has upped its stake in the printing and packaging solutions provider, which has triggered a mandatory takeover offer (MTO) for the remainder stake it does not own in the company. This came after NSK acquired an additional 15 million shares representing a 5.9% stake in Versatile Creative for RM10.5 million or 70 sen apiece via a direct business transaction. The acquisition raised the stake NSK held, together w...