01.03.2011 - Should takeover trigger points be re-looked at?
From Thestar.com.my: An interesting aspect of the on-going sale of Khazanah Nasional Bhd's 32.21% stake sale in Pos Malaysia Bhd is that the block is said to come with management control. This has raised the question of whether in situations like this, will the new entrant trigger a mandatory general offer (MGO) for the all the remaining shares of Pos. (To recap, Khazanah is currently vetting all proposals and will eventually decide on who it is going to sell the stake to.).............................................Full Article: Source
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