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Seems like there is a change in major owners with controlling stakes which was unforeseen. Thank you E&O. Sold some to rebalance position and wait for further clarity after the closing date.
hi Jeffrey, there is no good or bad as Offeror seeing positive prospect with E&O while previous substantial shareholders (Sime Darby and etc) may see it as an opportunity to exit E&O. There's quite a few articles released by the analysts on the offer - unattractive but fair.
