KUALA LUMPUR: Honam Petrochemical Corporation has extended the closing date for the acceptance of the remaining Titan Chemicals Corp Bhd to Dec 24 from Dec 10.
Titan said on Wednesday, Dec 8 it had received a press notice from RHB Investment Bank Bhd that deadline had been extended and the notice of the extension will be posted to the holders of the offer shares.
Titan also said the detailed disclosure of the level of acceptances of the offer as at 5pm on Wednesday would be announced the next day.
Honam had made the offer to acquire the remaining Titan shares, representing 27.68%, for RM2.35 a share.
Titan was unchanged at RM2.33 at midday.
Titan said on Wednesday, Dec 8 it had received a press notice from RHB Investment Bank Bhd that deadline had been extended and the notice of the extension will be posted to the holders of the offer shares.
Titan also said the detailed disclosure of the level of acceptances of the offer as at 5pm on Wednesday would be announced the next day.
Honam had made the offer to acquire the remaining Titan shares, representing 27.68%, for RM2.35 a share.
Titan was unchanged at RM2.33 at midday.
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