KUALA LUMPUR: ATLAN HOLDINGS BHD [] and DFZ CAPITAL BHD [] share prices rose on Tuesday, June 29 after the former had proposed a reverse takeover of Esmart Holdings Ltd, which is listed on the Catalist board of the Singapore Exchange by injecting two of its subsidiaries.
Atlan will inject DFZ Capital and Darul Metro Sdn Bhd into Esmart under the corporate exercise for an aggregate consideration of S$285.35 million (RM670.58 million).
At 9.33am, Atlan was up five sen to RM3.30 with 5,000 shares traded, while DFZ Capital jumped 28 sen to RM3.55 with 6,700 shares done.
Atlan will inject DFZ Capital and Darul Metro Sdn Bhd into Esmart under the corporate exercise for an aggregate consideration of S$285.35 million (RM670.58 million).
At 9.33am, Atlan was up five sen to RM3.30 with 5,000 shares traded, while DFZ Capital jumped 28 sen to RM3.55 with 6,700 shares done.
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