MRC Allied shelves Bitstar takeover plan

By Brix Lelis

Mar 06, 2024 12:27 am

LISTED holding company MRC Allied Inc. said its plan to take over Bitstar Prime Holdings Inc. has been put on hold as the latter was currently in talks with other potential investors.

'Bitstar Prime requested to hold in abeyance the subscription transaction with MRC to allow the former to accommodate the requirements of other interested investors,' MRC said in a filing on Monday.

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