BusinessNews

MCT Notice of Take-over Offer Dispatch

In compliance with statutory requirements in Malaysia, the board of directors of MCT Bhd has dispatched today the Notification to the Shareholders of MCT of the Mandatory Take-over Offer from Regent Wise Investments Ltd (RWIL), a wholly-owned subsidiary of Ayala Land Inc. (PSE: ALI).

The take-over offer is made in connection to the acquisition of additional shares in MCT, which increased ALI’s shareholding in MCT through RWIL to 50.19%.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.