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Malaysia's UEM makes buyout offer for Pharmaniaga

Thu Aug 28, 2008 6:48am EDT
 
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KUALA LUMPUR, Aug 28 (Reuters) - Malaysian builder UEM World (UEMW.KL: Quote, Profile, Research, Stock Buzz) has offered to buy out the remaining shares in healthcare service provider Pharmaniaga (PHMA.KL: Quote, Profile, Research, Stock Buzz) that it does not own at 3.61 ringgit a share, UEM World said on Thursday.

Pharmaniaga shares were last traded at 3.80 ringgit.

(Reporting by Soo Ai Peng)

 

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