The offer to take Neo Group private by its founder and chairman Neo Kah Kiat and his wife Liew Oi Peng has become unconditional in all aspects after the pair gained over 90% of the voting rights attributable to the total number of issued shares in the company on April 19.
See: Neo Group founder to privatise company at 60 cents per share
As at 6pm on the same day, the offeror, Forestt Investment, has received valid acceptances of about 134.3 million shares representing 91.6% of the total number of issued shares.
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