United Malacca's privatisation offer deemed not fair, not reasonable
KUALA LUMPUR: United Malacca Bhd's RM6.10 per-share mandatory take-over offer by Prosper Trading Sdn Bhd has been deemed as “not fair and not reasonable” by the plantation group's independent adviser, which has recommended that shareholders reject the proposal.
We haven't written up this one. New Straits Times has the full story — the link below goes straight to it.