The Len Seng upgrading project has been completed in November 2009.
Already they are taking the other assets for free.
This will apply to all MTD ACPI shareholders except MTD Capital and the persons acting in concert with them.
There was no other announcement since, so i assume its just a waiting game.
Company Background ACP Industries Berhad was listed on the Main Board of Bursa Malaysia Securities Berhad on 3 January 1995.
Court awarded RM19mil to MTD from SN Akmida back in Sept 2020 so recent.
Offering less than the litigation award is really taking advantage of the minority shareholders.
Mtd Acpi Engineering Berhad MTD ACPI engages in civil engineering, bridges and construction related businesses, the manufacturing and marketing of speciality, highway and safety products, property development and investment holding.