OSK Investment Bank resigns as Hirotako independent adviser
Publish date: Thu, 10 Nov 2011, 12:41 PM
KUALA LUMPUR (Nov 10):'' OSK Investment Bank Bhd has resigned as independent adviser to HIROTAKO HOLDINGS BHD [] over the conditional take-over offer by MBM RESOURCES BHD [].
Hirotako said on Thursday that OSK had resigned in relation to the offer on Wednesday as it had acted as the adviser for a recent corporate exercise.
MBM Resources had offered to 97 per share and 5.0 sen per warrant to acquire the Hirotako stake in a'' RM412.5 million deal as it sought to expand its automotive manufacturing division.
Hirotako said on Thursday that OSK had resigned in relation to the offer on Wednesday as it had acted as the adviser for a recent corporate exercise.
MBM Resources had offered to 97 per share and 5.0 sen per warrant to acquire the Hirotako stake in a'' RM412.5 million deal as it sought to expand its automotive manufacturing division.
Labels: HIRO
Discussions
Be the first to like this. Showing 2 of 2 comments
no, is hint to accumulate hiro-wa adi. anoter MBFHLDG-WA on the making. same as major share holder sell down the warrant till 0.05...! Meanwhile big JAWS is silently acumulate alot adi.
2011-11-22 22:34
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
2
save malaysia!
3
4
5
6
Koon Yew Yin's Blog
7
THE INVESTMENT APPROACH OF CALVIN TAN
8
Good Articles to Share
Le Pen makes new threat to withdraw support for French government
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mclim
most adviser in malaysia cari makan only
2011-11-22 07:54