FilingReader Intelligence
Hyprop bids for controlling stake in MAS
July 18, 2025 at 09:00 PM UTC•By FilingReader AI
Hyprop Investments is offering MAS shareholders R24.00 cash per share (capped at R800 million) or 0.42224 Hyprop shares per MAS share. The cash option represents a 32.60% premium to MAS's 30-day VWAP.
The bid seeks to acquire over 50% of MAS's issued share capital and closes on July 25, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
JSE:HYPE•Johannesburg Stock Exchange
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