D-day for Can-One shareholders at EGM
If shareholders back the proposal, it will represent yet another attempt by Can-One to take over Kian Joo, despite previous failed attempts. It is up to Kian Joo to decide on whether to accept or reject the offer. (Filepic shows some Can-One products)
PETALING JAYA: An EGM today will see shareholders of Can-One Bhd 
decide on whether to pursue the planned takeover of its associate company, Kian Joo Can Factory Bhd .
Shareholders will gather for the meeting, to be held at 10am at the Tropicana Golf and Country Resort Club, to vote on the proposed acquisition of a 0.49% equity interest in Kian Joo, and the resulting mandatory general offer for the remaining shares in the company.
If shareholders back the proposal, it will represent yet another attempt by Can-One to take over Kian Joo, despite previous failed attempts.
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