KUALA LUMPUR: Sime Darby Engineering Sdn Bhd (SDE), the indirect wholly owned subsidiary of SIME DARBY BHD, has revised its offer price downward to RM530 million from RM560 million for RAMUNIA HOLDINGS BHD [ ]'s fabrication yard.
Sime Darby announced yesterday on Bursa Malaysia that SDE notified Ramunia Holdings and the related parties that the final purchase consideration price would be RM30 million lower than the price stated in its Aug 3 announcement.
Ramunia has until Sept 7 (14 days) to deliberate on whether to accept the offer. To recap, SDE's proposal to purchase the Teluk Ramunia Fabrication Yard in a straight cash offer earlier this month was accepted by the Ramunia board.
Tuesday, August 25, 2009
Sime Darby's offer for Ramunia yard revised downward to RM530m (ext: Edge)
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