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BPI owns 71.2% of HR Owen
by Cals Tue 15 Oct 2013, 09:15
BPI owns 71.2% of HR Owen
Posted on 14 October 2013 - 08:22pm
Last updated on 14 October 2013 - 10:23pm
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PETALING JAYA (Oct 14, 2013): Berjaya Sports Toto Bhd (BToto) said its Philippine-listed subsidiary Berjaya Philippines Inc (BPI) now holds 17.83 million shares or a 71.2% stake in London-listed luxury car dealer HR Owen Plc, less than the compulsory acquisition threshold of 90%.
In a filing with Bursa Malaysia today, BToto said the offer period has since closed.
On Sept 13, 2013, BPI raised its offer price for HR Owen to 170 pence per share, from 130 pence a share.
Last updated on 14 October 2013 - 10:23pm
[You must be registered and logged in to see this link.]
PETALING JAYA (Oct 14, 2013): Berjaya Sports Toto Bhd (BToto) said its Philippine-listed subsidiary Berjaya Philippines Inc (BPI) now holds 17.83 million shares or a 71.2% stake in London-listed luxury car dealer HR Owen Plc, less than the compulsory acquisition threshold of 90%.
In a filing with Bursa Malaysia today, BToto said the offer period has since closed.
On Sept 13, 2013, BPI raised its offer price for HR Owen to 170 pence per share, from 130 pence a share.
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