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Malaysia Daily Bulletin| 03 February 2010
Malaysia Daily Bulletin – 03/02/10
EON Capital Spurns Hong Leong Bank’s Offer In a broker’s call, Hwang-DBS Vickers Research thinks there is still chance EON Capital’s shareholders could convene special meeting to vote against Board’s decision on basis that shareholders should have been given the option to decide on the offer, which could then force the board to re-evaluate Hong Leong Bank’s proposal. “While the exclusive talks between EON Capital and Hong Leong Bank has lapsed, we understand that the approval granted by Bank Negara to Hong Leong Bank to negotiate with EON Cap’s shareholders still holds,” the brokerage firm said. London Biscuits Acquires Poultry Firm Related Articles
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