PETALING JAYA: Boustead Heavy Industries Corp Bhd (BHIC), a 72.38%-owned subsidiary of Boustead Holdings Bhd, has received a privatisation proposal offering a cash repayment of RM0.48 per share, valuing the selective capital reduction and repayment exercise at about RM149.6mil.
In a filing with Bursa Malaysia, BHIC said Boustead Holdings intends to privatise
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