<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 12): Johan Holdings Bhd shares rose 3.85% in early trade today after its chairman and chief executive Tan Sri Tan Kay Hock and his wife, who collectively own about 48% of the group's shares, made a conditional mandatory takeover offer for the remaining shares.</p></div>

<div class=newsTextDataWrapInner><p>At 9.10am, Johan rose 1 sen to 27 sen with 3.55 million shares traded.</p></div>

<div class=newsTextDataWrapInner><p>Tan, who is also the chairman of George Kent (M) Bhd, and Puan Sri Tan Swee Bee are offering to buy the remaining shares at 25 sen each.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Johan said Mustika Manis Sdn Bhd, a company wholly owned by the couple, has just acquired 15 million shares or 2.41% of the voting shares in the group for RM3.75 million, or at 25 sen a share.</p></div>

<div class=newsTextDataWrapInner><p>Prior to this, Tan and his wife already owned a 45.76% stake in Johan through their vehicles Kin Fai International Ltd, Kwok Heng Holdings Ltd, Star Wealth Investment Ltd and Suncrown Holdings Ltd.</p></div>

KUALA LUMPUR (Oct 12): Johan Holdings Bhd shares rose 3.85% in early trade today after its chairman and chief executive Tan Sri Tan Kay Hock and his wife, who collectively own about 48% of the group's shares, made a conditional mandatory takeover offer for the remaining shares.

At 9.10a...

Johan active, rises 3.85% on takeover offer 

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