KUALA LUMPUR: MAMEE-DOUBLE DECKER (M) BHD [] shares jumped on Monday, April 11 after its major shareholders, who collectively hold 79.1%, proposed a selective capital repayment (SCR) of RM4.39 a share to the remaining shareholders under a corporate exercise to take it private.
At 9.05am, Mamee was up 61 sen to RM4.21 with 282,700 shares traded.
At RM4.39, the SCR was a premium of 79 sen or 21.94% above the last traded price of RM3.60 on Wednesday, April 6.
At 9.05am, Mamee was up 61 sen to RM4.21 with 282,700 shares traded.
At RM4.39, the SCR was a premium of 79 sen or 21.94% above the last traded price of RM3.60 on Wednesday, April 6.
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