Ajinomoto Malaysia Bhd’s controlling shareholder has proposed to privatise the company and delist it from Bursa Malaysia through a selective capital reduction exercise valued at RM603.4 million.
The offer involves a payout of RM20 per share to minority shareholders, representing a strategic move to consolidate ownership. The proposal is subject to regulatory and shareholder approvals.
Market observers say privatisation could allow the company to restructure more efficiently away from public market pressures. Investors are expected to closely evaluate the offer’s valuation and long-term implications.
Ajinomoto Malaysia’s controlling shareholder has proposed a RM603.4 million privatisation plan.
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