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Under the proposal, TAG shareholders are given the choice of either a cash offer of 28 sen per existing share held, or a share swap based on an exchange ratio of 0.4211 new ordinary shares in TAE to be issued at 66.5 sen each for every TAG share surrendered.

According to the takeover offer notice, attached to TAE’s filing with Bursa Malaysia yesterday, their collective shareholdings are based on the indicative enlarged issued share capital of TAE at 2.49 billion units. Based on TAE’s existing number of issued shares at 1.71 billion units, the 65.5 sen a share offer values it at about RM1.12 billion.

Residents “might not want the highway as it would change the landscape of seasoned parts in the city where many seniors were residing”.

The developer is elated to be awarded top honours for the 13th time.

The TPDA is evaluated based on both qualitative and quantitative attributes.

The project in Langkawi will have a premium outlet, an International Cultural and Tourism Village, a hotel, and food a beverage outlets, according to Bina Darulaman's stock exchange filing today. Perbadanan Kemajuan Negeri Kedah has a 67.28% stake in the company as of May 29, 2020.

Total active cases — which carry high transmission risks — rose to 13,830,

The world’s largest glove maker told Reuters in an email that the 29-year-old worker from Nepal passed away on Saturday due to Covid-19 pneumonia with lung fibrosis.

According to the charge sheet, Akashah, a Grade KP 19 immigration officer attached to the Immigration Department at Sultan Iskandar Building, Johor Darul Takzim has obtained a valuable thing in the form of cash of RM2,160, RM100 and RM800, without any consideration from Mohd Azril Azizan, which were credited to his CIMB savings account.

The government is seeking to recover 263 pieces of branded handbags, 40 pieces of branded watches, 27 pairs of branded shoes, cash in various denominations including some RM725,000, 26 Nissan Urvan vehicles, and a Nissan X-Trail.