Can-One gets takeover offer from major shareholder at RM2.50

Can-One gets takeover offer from major shareholder at RM2.50 per share


KUALA LUMPUR (May 4): Can-One Bhd has received a notice of unconditional mandatory takeover offer from major shareholder Eller Axis Sdn Bhd to acquire the remaining shares in Can-One not owned by Eller Axis and the ultimate offeror Yeoh Jin Hoe for RM2.50 per share.
According to the notice of the offer from UOB Kay Hian sent on behalf of Eller Axis, which Can-One filed with Bursa Malaysia today, Eller Axis inked an unconditional share sale agreement with Genkho Candoz Sdn Bhd today to acquire 40.24 million shares or 20.94% in the metal-can manufacturer at RM2.50 per share or RM100.6 million in total, cash.

Related Keywords

Kuala Lumpur , Malaysia , Sdn Bhd , Genkho Candoz Sdn Bhd , Alcom Group Bhd , Can One Bhd , Eller Axis Sdn Bhd , Eller Axis , Yeoh Jin Hoe , Bursa Malaysia , Kian Joo Can Factory Bhd , Alcom Group , குவாலா லம்பூர் , மலேசியா , ஸ்டன் ப்ட் , முடியும் ஒன்று ப்ட் , கீயன் ஜூ முடியும் தொழிற்சாலை ப்ட் ,

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