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Johan chief ups takeover offer price to 26 sen apiece

Mimi Sabreena 4:48:00 PM Informasi

KUALA LUMPUR (Oct 12): Johan Holdings Bhd chief executive Tan Sri Tan Kay Hock and his wife Puan Sri Tan Swee Bee have upped the offer price for Johan shares that they do not own to 26 sen per share, from 25 sen previously.

In a filing to Bursa Malaysia today, the company said the couple via their vehicle Mustika Manis Sdn Bhd had acquired a further 15 million Johan shares, representing a 2.41% stake at 26 sen per share today, for a total of RM3.9 million in cash.

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