Following an extraordinary general meeting (EGM) on Jan 7, NGL’s shareholders have granted their approval for the offer to be undertaken.
Nordic Flow Control, a wholly-owned subsidiary of Nordic Group (NGL), has made a cash offer of 23.8 cents per share for all the shares in Starburst Holdings on Jan 24.
The group had previously announced its intent to make the all-cash offer for Starburst Holdings on Nov 10, 2021.
