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KSL shareholders get SC exemption from mandatory takeover offer

KUALA LUMPUR: KSL Holdings Bhd said the Securities Commission Malaysia (SC) has approved an exemption for a group of its shareholders from having to undertake a mandatory offer for the remaining shares in the company.

The Star MalaysiaThe Star查看原文 ↗
KSL股东获得最高法院豁免,免于强制收购要约。

KUALA LUMPUR: KSL Holdings Bhd said the Securities Commission Malaysia (SC) has approved an exemption for a group of its shareholders from having to undertake a mandatory offer for the remaining shares in the company.

In a filing with Bursa Malaysia, KSL said the exemption was granted to Success Lineage Sdn Bhd (SLSB) and eight individuals, namely Khoo Cheng Hai @ Ku Cheng Hai, Ku Hwa Seng, Ku Tien Sek, Ku Wa Chong, Khoo Keng Ghiap, Khoo Lee Feng, Ku Ek Mei and Ku Keng Yaw.

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