Friday, May 21, 2010

EON Capital Berhad : Board Decides To Proceed With EGM - 21/5/2010

Board decides to proceed with EGM... EON Cap announced this morning that the Board has decided to proceed and table HL Bank’s proposal to acquire the entire assets and liabilities of EON Cap for RM5.06bn (Offer or Proposed Disposal) for shareholders’ approval. This is notwithstanding the independent financial adviser’s (IFA) view that the Offer by HL Bank was “not fair from a financial perspective” (copy of the IFA’s opinion letter will be included in the circular to shareholders).

EON Capital Berhad : Board Decides To Proceed With EGM - 21/5/2010

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