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Article: Naza duo, partners up offer for Jetson
- Article from:
- New Straits Times
- Article date:
- September 8, 2009
- Author:
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Shahriman Johari
New Straits Times
09-08-2009
Naza duo, partners up offer for Jetson
Byline: Shahriman Johari
Edition: Main/Lifestyle
Section: Business Times
Type: Company
THE two Naza Group brothers and their partners have raised their offer for the rest of Kumpulan Jetson Bhd by 30 per cent, an indication that they want control of the construction and manufacturing group.
So far, they have bought a third of Kumpulan Jetson for RM12.3 million and they will have to make a mandatory general offer (MGO).
They are now willing to pay RM1 per share from 70 sen before and 93 sen per loan stock from 65 sen previously. The offer of one sen per warrant stays.
AmInvestment Bank Bhd, the adviser for the ...