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LTKM Bhd said it intends to review the terms of the proposed RM336 million reverse takeover deal proposed earlier this year due to challenging market conditions. In a filing with Bursa Malaysia on Friday (Dec 9), the poultry group said it had submitted a withdrawal of the application in relation to the proposals, which were submitted to the Securities Commission Malaysia for approval on the same day.
JOHOR BARU, Nov 29 — Terberg Tractors Malaysia Sdn Bhd (TTM), a joint venture between Sime Darby Industrial and the Netherlands-based Royal Terberg Group BV, has officially...
JOHOR BARU, Nov 29 — Terberg Tractors Malaysia Sdn Bhd (TTM), a joint venture between Sime Darby Industrial and the Netherlands-based Royal Terberg Group BV, has officially...
THE latest listed company to jump on the electronic manufacturing services (EMS) bandwagon is loss-making chicken egg producer LTKM Bhd.
Chicken egg producer, LTKM Bhd has proposed to divest its entire existing non-profitable businesses to its holding company and venture into electronic manufacturing services (EMS) by acquiring Local Assembly Sdn Bhd (LASB) in a reverse take over (RTO) worth RM336 million to be satisfied by cash and shares