Saturday 18 May 2024
By
main news image

KUALA LUMPUR (May 26): GHL Systems Bhd's major shareholder Actis Stark (Mauritius) Ltd has no plans to launch another take-over offer of GHL. 

Actis partner Hossam Abou Moussa indicated this to reporters, after payment solutions provider GHL’s annual general meeting here today.

“[Actis has] no intention of launching another [take-over] offer and we have no intention of taking the company private,” Hossam said.

Actis had in March this year offered to buy the remaning stake in GHL not owned by Actis and persons acting in concert (PAC) at RM1 a share. Actis already owned 44.37% of GHL then. 

When the offer closed on May 12 this year, Actis and PAC secured 63.51% of GHL. 

      Print
      Text Size
      Share