Friday, 28 October 2011

Closing date for DXN takeover extended to Nov 14

KUALA LUMPUR: The closing date for the takeover offer for DXN HOLDINGS BHD [] shares has been extended from Monday, Oct 31 to Nov 14.

The joint offerors -- Deras Capital Sdn Bhd, DXN Group Sdn Bhd, Temasek Sejati Sdn Bhd, Lim Boon Yee and Lim Yew Lin – issued the statement about the extension of the deadline via Hong Leong Investment Bank Bhd on Friday, Oct 28.

The offerors had made a voluntary conditional take-over offer to acquire all the remaining shares of 25 sen each for RM1.75 per share.
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