MD and family offer to take LTKM private

TheStar Tue, Jul 23, 2019 08:00am - 4 years View Original


In a filing with Bursa Malaysia yesterday, Tan(pic) and other joint offerers have made a conditional voluntary takeover offer to buy out minority shareholders at RM1.35 a share.

In a filing with Bursa Malaysia yesterday, Tan(pic) and other joint offerers have made a conditional voluntary takeover offer to buy out minority shareholders at RM1.35 a share.

PETALING JAYA: Chicken egg producer LTKM Bhd said managing director Datuk Tan Kok (pic) and his family have offered to take the company private.

In a filing with Bursa Malaysia yesterday, Tan and other joint offerers have made a conditional voluntary takeover offer to buy out minority shareholders at RM1.35 a share.

The offer values the company at RM175.5mil. Tan and joint offerers control 68.3% of the company.

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