Hovid Bhd major shareholders, holding close to 80% of stake
in Hovid Bhd, had launched a corporate action seeking to delist Hovid Bhd with
a similar exit offer of RM0.38 per share compared to its 1st attempt
at taking the company private.
EGM vote outcome due back in 15 November 2018 shows the final verdict being Hovid taken private, thus closing the potential
coattail gains deal as highlight by yours truly back in June 2018.
Note: This is not an investment advice. Buy and sell any
securities at your own risk.
Disclosure: None.
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