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Friday, January 28, 2011

MTD Directors Offer To Acquire MTD Prime And Metramac For RM3.5 Billion Cash

KUALA LUMPUR, Jan 28 (Bernama) -- MTD Capital Bhd has received a joint offer to acquire its entire business and undertaking of MTD Prime and Metramac, including all assets and liabilities, for RM3.525 billion cash.

The joint offer is from MTD's group executive chairman, Datuk Dr Nik Hussain Abdul Rahman and its president and chief executive officer, Datuk Azmil Khalili Datuk Khalid.

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