Cropmate's Frozen Bank Accounts Released After MACC Investigation
Fertiliser manufacturer Cropmate Bhd announced that the Malaysian Anti-Corruption Commission has lifted freezes on all its bank accounts following an anti-money laundering probe.
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MACC Lifts Freezing Orders on Rohas Tecnic Unit and Officers' Bank Accounts
The MACC has revoked seizure orders affecting bank accounts of Rohas Tecnic's power transmission subsidiary HGPT and its officers, allowing the company to resume normal banking and business operations.
Ajinomoto Co Inc launches privatisation bid for Malaysian subsidiary at RM20 per share
Japan's Ajinomoto Co Inc has tabled a privatisation offer of RM20 per share for Ajinomoto Malaysia Berhad, seeking to acquire the 49.62% stake held by minority shareholders and delist the company from Bursa Malaysia.
Ajinomoto Malaysia to be privatised at RM20 per share in RM603.4mil deal
Ajinomoto Co Inc, which owns 50.38% of Ajinomoto (Malaysia) Bhd, is pursuing delisting through a RM603.4mil selective capital reduction at RM20 per share, significantly above recent trading levels.
Ajinomoto Co to take Malaysian unit private in RM603.4mil deal
Ajinomoto Co, which owns 50.38% of Ajinomoto Malaysia, is moving to privatise the monosodium glutamate producer at RM603.4mil, offering minority shareholders an exit at a 31.58% premium to recent trading prices.