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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| M.p. Evans Group Plc | LSE:MPE | London | Ordinary Share | GB0007538100 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 14.00 | 1.69% | 840.00 | 832.00 | 840.00 | 840.00 | 836.00 | 836.00 | 4,211 | 15:30:14 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| General Farms,primarily Crop | 326.92M | 73.06M | 1.3583 | 6.18 | 451.82M |
From Apr 2019 to Apr 2024
By Rory Gallivan
LONDON--M.P. Evans Group PLC (MPE.LN), an Asian palm-oil and real-estate company, Tuesday rejected a 360.5 million pound ($440 million) offer from Malaysia's Kuala Lumpur Kepong Bhd (2445.KU).
Conglomerate KLK said it made an offer worth 642.25 pence a share, including a 2.25 pence dividend, earlier this month, which the M.P. Evans board rejected on Oct. 13.
Shares in MP Evans, which has palm oil plantations in Indonesia and real estate in Malaysia, jumped 45% to 620 pence.
MP Evans said the offer was wholly inadequate and substantially undervalued the company, its unique position and its future growth potential.
The group said it would make a further announcement on the offer, but in the meantime, urged shareholders to take no action in relation to shares.
Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
(END) Dow Jones Newswires
October 25, 2016 10:05 ET (14:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year M.p. Evans Chart |
1 Month M.p. Evans Chart |
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