Whitmore buys 1.06 million more MKH shares at RM1.99 under takeover offer
Whitmore Holdings bought another 1.06 million MKH Bhd shares at RM1.99 each on Sept 9, one sen below its RM2 cash offer. The purchases over three trading days total 2.64 million shares worth about RM5.26 million. MKH's independent adviser Kenanga rated the RM2 offer not fair but reasonable and urged shareholders to accept.