Privatisation. Tanjong Capital, an SPV ultimately owned by Tan Sri T. Ananda Krishnan, last Friday offered to buy all Tanjong shares at RM21.80/share cash. We note that his private companies currently own 47.0% and have given their irrevocable undertaking to accept the offer.
Tanjong plc : Major Shareholder Privatising Tanjong At RM21.80/Share - 02/08/2010
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