Monday, September 26, 2011

DXN gets take-over offer from Deras Capital

DXN Holdings Bhd has received a take-over offer from Deras Capital Sdn Bhd, DXN Group Sdn Bhd, Temasek Sejati Sdn Bhd and two individuals, Lim Boon Yee and Lim Yew Lin, to acquire the remaining shares of the company at RM1.75 per share.

The offer is open for acceptance until 5pm on Oct 17, unless revised or
extended by the buyers, said Hong Leong Investment Bank Bhd on behalf of the purchasers in a statement today. DXN shares closed at RM1.69 today on Bursa Malaysia. -- Bernama

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