M&A International Snapshots 2022




The BDO Corporate Finance team in Malaysia was the independent adviser in relation to the conditional mandatory take-over offer ('Offer') by a Malaysian private company to acquire all the remaining ordinary shares in Eastern & Oriental Berhad ('E&O' or 'the Group') not already owned by the joint ultimate offerors and persons acting in concert with the joint ultimate offerors for a cash consideration of RM0.60 per offer share. E&O is listed in Malaysia and is principally involved in the development and investment of residential and commercial properties in Malaysia and United Kingdom. The Group operates through three segments, namely properties, hospitality and property investment.

Independent advice for the conditional mandatory take-over offer of a listed company in Malaysia

BDO contact for this transaction

The Group also manages and operates hotels and restaurants.

WONGWING SEONG Executive Director wswong@bdo.my

As the independent adviser, the Corporate Finance team assisted in: X Reviewing and evaluating the terms and conditions of the Offer and to advise the non-interested directors and holders of the offer shares of E&O on the same X To comment on whether the terms of the Offer are fair and reasonable to the holders of the offer shares of E&O and to recommend whether to accept or reject the Offer thereon X To prepare the Independent Advice Circular to non-interested shareholders.


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