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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. ....

Kuala Lumpur , 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 , ஸ்டன் ப்ட் , முடியும் ஒன்று ப்ட் , கீயன் ஜூ முடியும் தொழிற்சாலை ப்ட் ,

Press Metal, MNC Wireless, Genetec, Hartalega, Alcom, UMW, MAHB, Censof, UEM Sunrise, BAuto, Chin Hin Group Property, Vizione, SEGi


KUALA LUMPUR (March 10): Based on corporate announcements and news flow today, companies in focus on Thursday (March 11) may include Press Metal Aluminium Holdings Bhd, MNC Wireless Bhd, Genetec Technology Bhd, Hartalega Holdings Bhd, Alcom Group Bhd, UMW Holdings Bhd, Malaysia Airports Holdings Bhd, Censof Holdings Bhd, UEM Sunrise Bhd, Bermaz Auto Bhd, Chin Hin Group Property Bhd, Vizione Holdings Bhd and SEG International Bhd.
Press Metal Aluminium Holdings Bhd has proposed to undertake a bonus issue of 4.04 billion new ordinary shares on the basis of one bonus share for every one existing share held on an entitlement date to be announced later. The group said the bonus issue is in line with the group s objective of rewarding its shareholders, apart from cash dividends. ....

Kuala Lumpur , Bukit Kayu Hitam , Malaysia General , Kota Perdana , Towerpack Sdn Bhd , Petaling Jaya , Chee Khoon , Eng Kim Leong , Sdn Bhd , Parkcity Sdn Bhd , Bhd Bauto , Censof Holdings Bhd , International Bhd Segi , Hartalega Holdings Bhd , Dutch Lady Milk Industries Bhd , Malaysia Airports Holdings Bhd , Alcom Group Bhd , Genetec Technology Bhd , Century Software Malaysia Sdn Bhd , Holdings Bhd , Scland Holdings Sdn Bhd , Metal Aluminium Holdings Bhd , Vizione Holdings Bhd , International Bhd , Movement Control , Chin Hin Group Property Bhd ,