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No mandatory GO for E&O

M.A. Wind
Oct 13, 2011
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No mandatory GO for E&O
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http://www.theedgemalaysia.com/highlights/194456-no-mandatory-go-for-eao.html

KUALA LUMPUR: Sime Darby Bhd will not be required to extend a mandatory general offer (MGO) for property developer Eastern & Oriental Bhd (E&O) following the plantation conglomerate’s acquisition of a 30% stake in the latter in late August.

The Securities Commission (SC), in a l…

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