Eng Lian, Bukit Asa offer RM 0.28 a share to take Toyo Ventures private

Bitget2026/10/19 09:11

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Eng Lian (L) and Bukit Asa proposed taking Toyo Ventures Holdings private through a selective capital reduction at RM 0.28 per share.
The October 19, 2026, proposal covers 144,641,882 shares, representing 87.2% of issued shares.
The offer represents a 16.67% premium to the October 16 closing price; the shares would be delisted upon completion.
Funding would come from internal funds, financing facilities or advances from ultimate offeror Eng Lian Enterprise.
Completion requires non-interested shareholder approval and court confirmation; the offerors cite greater operating flexibility and reduced listing costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Toyo Ventures Holdings Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3716060) on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Eng Lian, Bukit Asa offer RM 0.28 a share to take Toyo Ventures private

You may also like

Crypto prices