Bursa Alert
Global Market
NewsKulim plans buyout offer for Sindora
2 posters
Page 1 of 1
Kulim plans buyout offer for Sindora
by hlk Mon 15 Aug 2011, 17:43
Kulim Malaysia Bhd plans to make a buyout offer for its oil and gas shipping subsidiary Sindora Bhd, according to an exchange filing in Kuala Lumpur today.
Kulim, which halted its shares today, is already its biggest shareholder with a 74 per cent stake, according to data compiled by Bloomberg.
Sindora, which also has plantation and timber interests, jumped by a record 29.3 per cent to RM2.65 today before suspending its shares pending an announcement. -- Bloomberg
Kulim, which halted its shares today, is already its biggest shareholder with a 74 per cent stake, according to data compiled by Bloomberg.
Sindora, which also has plantation and timber interests, jumped by a record 29.3 per cent to RM2.65 today before suspending its shares pending an announcement. -- Bloomberg
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
phoenix777- Moderator
- Posts : 13701 Credits : 16143 Reputation : 1704
Join date : 2011-02-03
Location : Malaysia
Job/Hobbies : eating good food
Stock Exposure : 1 year
Stock Portfolio : empty handed
Re: Kulim plans buyout offer for Sindora
by hlk Mon 15 Aug 2011, 18:01
2 late liao alr suspended i m sure will gap up kaw kaw when it resume
trading ...
trading ...
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Kulim raises offer for Sindora
» Kulim offers RM3 for each Sindora share
» Sindora’s shares suspended with Kulim’s stake at 96.3%
» Eng Tek gets buyout offer at RM2.50 a share
» Ranhill gets buyout offer at 90 sen a share
» Kulim offers RM3 for each Sindora share
» Sindora’s shares suspended with Kulim’s stake at 96.3%
» Eng Tek gets buyout offer at RM2.50 a share
» Ranhill gets buyout offer at 90 sen a share
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum