Sanichi MD, PNE PCB ED launch takeover of BSL Corp

TheStar Wed, Jun 23, 2021 02:17pm - 2 years View Original


Sanichi Technology Bhd managing director Datuk Seri Pang Chow Huat and PNE PCB Bhd executive director Ho Jien Shiung have launched a takeover of BSL Corp.

KUALA LUMPUR: Sanichi Technology Bhd managing director Datuk Seri Pang Chow Huat and PNE PCB Bhd executive director Ho Jien Shiung have launched a takeover of BSL Corp.

They had acquired a 51.72% stake or 58.24 million shares in BSL Corp for RM57.47mil or RM1.15 a share in the morning session on Wednesday in an off-market deal.

At RM1.15 a share, this was six sen over Tuesday’s closing price of RM1.09. In regular trade, the share price was up eight sen to RM1.17.

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