Quick update on Maxis
Sunday, April 29, 2007
My Dearest Moo Moo Cow,
Incredible! Maxis was suspended in the morning.
And the following was posted on Bursa website.
- The Company has received notification, after close of business on 27 April 2007 from Usaha Tegas Sdn Bhd ("UTSB"), a substantial shareholder of the Company, that UTSB and its affiliates intend to launch a voluntary general offer through a special purpose vehicle for all the ordinary shares of the Company. UTSB has indicated that, barring unforeseen circumstances, the notice of takeover offer will be served on the Company on or before 3 May 2007
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