'Deal smells of political manoeuvrings'


Terence Fernandez, The Malay Mail     Published     Updated     comments

In all likelihood, the reverse takeover (RTO) of Scope Industries Sdn Bhd by Matang will be bulldozed through at the latter’s extraordinary general meeting (EGM) on Friday.

The reason being all that is needed is for 15 percent of the shareholders to vote in favour of the RTO.


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'Deal smells of political manoeuvrings'

Terence Fernandez, The Malay Mail,

In all likelihood, the reverse takeover (RTO) of Scope Industries Sdn Bhd by Matang will be bulldozed through at the latter’s extraordinary general meeting (EGM) on Friday.

The reason being all that is needed is for 15 percent of the shareholders to vote in favour of the RTO.


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