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Maypak, Alcom minorities urged to reject general offers

Adviser Mercury Securities cites overly steep discounts of 60-70 per cent to the companies' RNAVs

Kuala Lumpur

MINORITY shareholders of two listed companies have been urged to turn down general offers because of overly steep discounts of 60-70 per cent to the companies' RNAVs (revalued net asset values).

Mercury Securities, the independent adviser for the Malaysia Packaging