The Week in News

Monday
Citibank accelerates hiring as economy surges
Tuesday
Court rules in favour of UEM in case against Genisys
Wednesday
IOI net profit doubles to RM2b in fiscal 2010
Thursday
Axiata to pay maiden dividend in fiscal 2011
Friday
MAHB plans RM3.1b sukuk to fund KLIA 2
  • Citibank accelerates hiring as economy surges
  • MAHB plans RM3.1b sukuk to fund KLIA 2
  • Court rules in favour of UEM in case against Genisys
  • Axiata to pay maiden dividend in fiscal 2011

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Corporate Malaysia

Rin wants HLBB to maintain offer for EONCap

09.02.2010, Tuesday

EON Capital Bhd (EONCap) major shareholder Rin Kei Mei is now asking Hong Leong Bank Bhd (HLBB) to maintain its earlier acquisition offer to EONCap for a two-week period after a proposed extraordinary general meeting (EGM) on Feb 22. In a statement to the stock exchange yesterday, HLBB said it has received a request from one of EONCap’s major shareholders to "maintain" its purchase offer, which had earlier been rejected by the EONCap directors.