eBworx Bhd.

KUALA LUMPUR --eBworx Bhd. (0030.KU), a Malaysian consulting and technology company, said Friday Japan's Hitachi Ltd. (6501.TO) plans to take over the company by acquiring all of its outstanding shares.

The indicative purchase price is set at MYR0.90 per share, subject to conditions including the completion of due diligence, and Hitachi would make an offer in April 2012, eBworx said in a statement to the Malaysian stock exchange.

Based on eBworx's outstanding 204.7 million shares, the deal is valued at MYR184.2 million ($61.5 million).

The indicative offer price represents a 15% premium over eBworx's last-traded price of MYR0.785 on Thursday. The stock was suspended Friday morning before the market open and will resume trading Monday.

"The board has agreed for the potential buyer to proceed with the due diligence (to the extent permitted by applicable laws and regulations) on the company," eBworx said.

Hitachi couldn't be immediately reached for comment.