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Muhibah tambah lagi pegangan dalam FAVCO

posted 14 Oct 2011, 11:53 by Zam Mlk   [ updated 28 Oct 2011, 07:18 ]
Adakah Muhibah patut 'take private' Favco? 
Patutkah SC suruh Muhibah 'Mandatory Genaral offer' Favco?

Inilah isu yang akan dimainkan oleh pelabur minggu depan, "Possible Favco privatisation"

Dari segi dividen, Favco beri 5sen tax exempted pada 13 Julai yang lepas.
Mungkin ini sebab Muhibah tambah lagi pegangan mereka dalam Favco.


Company Name
:
MUHIBBAH ENGINEERING (M) BHD  
Stock Name
:
MUHIBAH  
Date Announced
:
14/10/2011  


Type
:
Announcement
Subject
:
OTHERS

Description
:
MUHIBBAH ENGINEERING (M) BHD
Acquisition of additional shares in subsidiary

Announcement Details/Table Section :
The Board of Directors of Muhibbah Engineering (M) Bhd ("MEB") wishes to announce that MEB had acquired ordinary 

shares of RM0.50 each of its subsidiary, Favelle Favco Berhad (“Shares”) in the open market as set out in the table below:-

Date of acquisition

of Shares

Number of Shares

acquired

Number of Shares

after acquisition

14.10.2011

1,512,100

99,562,300

This announcement is dated 14 October 2011.


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