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Friday, December 24, 2010

Adventa says receives expression of interest, but not in talks (Edge)

Glove maker ADVENTA BHD [] poured cold water on speculation that it was a target for potential acquisition after it said that it periodically receives expressions of interest on an exploratory basis from other parties in relation to possible acquisitions of the company but that there had been no material change in circumstances.

Replying to a Bursa Malaysia Securities query on Friday, Dec 24, Adventa said it was presently not involved in any discussions of any intended acquisitions of Adventa with a US firm.

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