KUALA LUMPUR (July 9): Petaling Tin Bhd's largest shareholder Tan Sri Dr Chen Lip Keong has extended his takeover offer for the remaining shares he does not own in the loss-making property development company by another 2 weeks, to 5pm on July 26.
In a filing with Bursa Malaysia today, Petaling Tin said save for the extended closing date, all other details, terms and conditions of the offer remain unchanged.
The level of acceptance for Petaling Tin's shares stood at 323.76 million or a 93.62% stake as at July 6.