United Malacca (KLSE:UMCCA) received a notice of a conditional mandatory takeover offer from Prosper Trading and joint ultimate offerors Tee Kim Tee and Tee Cheng Hua to acquire all remaining ordinary shares not already held by them in the company for 6.10 ringgit per share in cash.
The company received the notice from UOB Kay Hian (M) on behalf of the offerors, according to a Monday filing.
The notice will be posted to eligible shareholders within seven days of the announcement, it said.
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