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Unisem (M) Bhd received a pre-conditional voluntary conditional takeover offer from joint offerors including executive chairman John Chia Sin Tet and China's Tianshui Huatian Technology Co Ltd at RM3.30 per share, with a total outlay of RM1.82 billion. The offer is conditional on approvals including TSHT's shareholders and Chinese regulatory bodies.
“The pre-conditional offer is being made at RM3.30 per share, with a total outlay of RM1.82 billion for the exercise, the semiconductor manufacturer said in a filing with the stock exchange today.”theedgemalaysia.com
Summarized from public sources; check the original articles before acting on it.