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Hong Leong Bank: Maintains RM5.06bn EONCap offer

Hong Leong Bank Bhd  says there is no change to the structure of its all-cash takeover offer for smaller rival EON Capital Bhd. In a filing to the stock exchange, Hong Leong said its RM5.06bn offer as set out on 1 Apr this year would be maintained. Hong Leong also said that it had asked Bank Negara Malaysia on 4 Jun for more time to talk to EONCap as its offer had yet to reach the latter’s shareholders. (Business Times)