MESB is the substantial shareholder of Konwa Face Mask sewing Industry. This is a valuable Goose that can lay golden egg. Why the mandatory take-over offer price so cheap only RM0.315 ?
No Akino. Price will adjust upward to force higher price just likr EURO 2 years ago.Mothet will be 75 sen minimum. Warrant to be 45 sen. You hear right folks.
The Independent Advisory Sdn Bhd DWA views that the MESB take over share offer price of RM0.315 is NOT FAIR as it represents a significant discount of RM0.39 or approximately 55.18% over the estimated FAIR VALUE PER MESB SHARE OF RM 0.70 derived from the RNAV methodology.
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