Magnum (3735) - Privatisation - True or False?

Both Multi-Purpose Holdings (MPHB) and Magnum Corporation (Magnum) replied (in Bursa Malaysia website) that both companies - "constantly review options to increase shareholder value. In pursuit of this objective, MPHB and Magnum will continue to evaluate all opportunities which may be available." - when queried by Bursa over a media report on expectations of Magnum being taken private by MPHB. They also added that an appropriate announcement will be made should there be any definitive corporate development.