JAG’s stake in KUB up to 62.72% following conclusion of MGO

KUALA LUMPUR (April 3): JAG Capital Holdings Bhd has increased its shareholding in KUB Malaysia Bhd to 62.72% following the conclusion of a mandatory general offer (MGO).

In a bourse filing, Maybank Investment Bank, on behalf of JAG, stated that the mandatory general offer (MGO) at 60 per share was concluded on March 18, with JAG Capital acquiring an additional 163.82 million shares, representing 29.44% of KUB.

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Choy Nyen Yiau (2024, Apr 03) JAG’s stake in KUB up to 62.72% following conclusion of MGO

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