KUALA LUMPUR: RANHILL BHD [] has received a takeover offer from Cheval Infrastructure Fund L.P. (acting via its general partner, TAEL Management Co. (Cayman) Ltd), Tan Sri Hamdan Mohamad, Ranhill Corporation Sdn Bhd, Lambang Optima Sdn Bhd and Pacific Energy Overseas Ltd at 90 sen per share.
The parties, as joint offerors, have made the offer to acquire all the remaining shares they do not already own, it said.
In a filing on Tuesday, Aug 9, Ranhill said it received a notice of takeover from Maybank Investment Bank Bhd on behalf of the parties.
'In relation to the offer, the board of directors of Ranhill will upon its deliberation, announce whether it intends to seek an alternative person to make a take-over offer for the offer shares,' it said.
Trading in Ranhill shares has been halted from 9am and will resume at 2.30pm today.
The parties, as joint offerors, have made the offer to acquire all the remaining shares they do not already own, it said.
In a filing on Tuesday, Aug 9, Ranhill said it received a notice of takeover from Maybank Investment Bank Bhd on behalf of the parties.
'In relation to the offer, the board of directors of Ranhill will upon its deliberation, announce whether it intends to seek an alternative person to make a take-over offer for the offer shares,' it said.
Trading in Ranhill shares has been halted from 9am and will resume at 2.30pm today.
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