Under the offer, Jardine C&C will seek to acquire the remaining shares it does not own in C&C Bintang at a consideration of RM2.40 (78.43 cents) per offer share.
Jardine Cycle & Carriage (Jardine C&C) has submitted a notice of an unconditional voluntary take-over offer to the board of directors of Cycle & Carriage Bintang Berhad (C&C Bintang).
Jardine C&C currently holds 59.1% of the shares in C&C Bintang, which is listed on the Main Market of Bursa Malaysia.
