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1 July 2008

Shareholders reject proposal to de-list EON

At the EGM, the first resolution tabled was the proposed withdrawal of EON's listing status. The second was an offer by HICOM to acquire all the EON shares which it did not already own for RM2.10 each under the exit offer. EON's board of directors said the shareholders did not approve HICOM's proposed de-listing. Following the rejection, EON said HICOM would not proceed with the exit offer.  [The Star]

http://biz.thestar.com.my/news/story.asp?file=/2008/7/1/business/21704387&sec=business

 

 

2 July 2008

Tint rules under review

Existing rules on tinting of vehicles will be reviewed to make it easier for motorists to apply to increase tint levels. Transport Minister Datuk Ong Tee Keat said he had directed the Road Transport Department to review the existing ruling so that people with a genuine need for a higher level of tint would not be penalised.  [The Star]

http://thestar.com.my/news/story.asp?file=/2008/7/2/nation/21714921&sec=nation

 
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