HIBISCS - OTHERS
Announcement Type: General Announcement
Company Name: HIBISCUS PETROLEUM BERHAD
Stock Name: HIBISCS
Date Announced: 03/04/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: Setting up of newly incorporated company.
Company Name: HIBISCUS PETROLEUM BERHAD
Stock Name: HIBISCS
Date Announced: 03/04/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: Setting up of newly incorporated company.
PELIKAN - REPLY TO QUERY IN RELATION TO THE PROPOSED DISPOSALS ANNOUNCED ON 1 APRIL 2012
Announcement Type: General Announcement
Company Name: PELIKAN INTERNATIONAL CORPORATION BERHAD
Stock Name: PELIKAN
Date Announced: 03/04/2012
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-120402-45661
Subject: REPLY TO QUERY IN RELATION TO THE PROPOSED DISPOSALS ANNOUNCED ON 1 APRIL 2012
Description: We refer to the Company's announcements dated 1 April 2012 and the query received from Bursa Securities dated 2 April 2012 in respect of the Proposed Disposals.
This announcement is dated 3 April 2012.
Query Letter content: We refer to the Company's announcement dated 1 April 2012, in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The directors and major shareholders of Biella and Donau together with their
respective shareholdings;
Tabulation on the gain on disposal of RM15 million; and
The specific aspects of the Proposed Disposals that were considered by the
Board in arriving at its opinion that the Proposed Disposals are in the best
interest of the Company.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
HENG TECK HENG
Head, Issuers
Listing Division
Regulation
HTH/IJ
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)
Company Name: PELIKAN INTERNATIONAL CORPORATION BERHAD
Stock Name: PELIKAN
Date Announced: 03/04/2012
Announcement Detail:
Type: Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID: IJ-120402-45661
Subject: REPLY TO QUERY IN RELATION TO THE PROPOSED DISPOSALS ANNOUNCED ON 1 APRIL 2012
Description: We refer to the Company's announcements dated 1 April 2012 and the query received from Bursa Securities dated 2 April 2012 in respect of the Proposed Disposals.
This announcement is dated 3 April 2012.
Query Letter content: We refer to the Company's announcement dated 1 April 2012, in respect of the
aforesaid matter.
In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-
The directors and major shareholders of Biella and Donau together with their
respective shareholdings;
Tabulation on the gain on disposal of RM15 million; and
The specific aspects of the Proposed Disposals that were considered by the
Board in arriving at its opinion that the Proposed Disposals are in the best
interest of the Company.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
HENG TECK HENG
Head, Issuers
Listing Division
Regulation
HTH/IJ
c.c:- General Manager and Head, Market Surveillance, Securities Commission
(via fax)
NILAI - OTHERS
Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: NILAI RESOURCES GROUP BERHAD
Stock Name: NILAI
Date Announced: 03/04/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: NILAI RESOURCES GROUP BERHAD ("NRGB" OR THE "COMPANY")
PROPOSED SELECTIVE CAPITAL REPAYMENT EXERCISE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 INVOLVING NRGB ("PROPOSED SCR")
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: NILAI RESOURCES GROUP BERHAD
Stock Name: NILAI
Date Announced: 03/04/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: NILAI RESOURCES GROUP BERHAD ("NRGB" OR THE "COMPANY")
PROPOSED SELECTIVE CAPITAL REPAYMENT EXERCISE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 INVOLVING NRGB ("PROPOSED SCR")
KPS - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: KUMPULAN PERANGSANG SELANGOR BERHAD
Stock Name: KPS
Date Announced: 03/04/2012
Announcement Detail:
Date of change: 28/04/2011
Name: Y.M. RAJA HAJI IDRIS RAJA KAMARUDIN
Age: 58
Nationality: BRITISH
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Non Independent & Non Executive
Qualifications: MEMBER, CHARTERED INSTITUTE OF BANKERS, UNITED KINGDOM
MEMBER, INSTITUTE FOR THE MANAGEMENT OF INFORMATION SYSTEM, UNITED KINGDOM (MIMIS)
Working experience and occupation: 2011 - CURRENT, DIRECTOR/CONSULTANT, ROTOTYPE INTERNATIONAL, UK
2009 - CURRENT, CONSULTANT, SIGNIFICANT TECHNOLOGIES SDN BHD
2006 - CURRENT, CONSULTANT, MARKFIELD INSTITUTE OF HIGHER EDUCATION (MIHE), LEICESTERSHIRE
2004 - 2006, MANAGING DIRECTOR, GLORY SETUP SDN BHD AND EXCUTIVE CHAIRMAN, VIRGO TRAVEL & TOURS SDN BHD
2000 - 2004, GROUP EXECUTIVE DIRECTOR, TDM BERHAD
1998 - 2000, VICE PRESIDENT, INFORMATION & COMMUNICATION NETWORK, SIEMENS MALAYSIA SDN BHD
1997 - 2000, NON-EXECUTIVE DIRECTOR, SIEMENS MULTIMEDIA SDN BHD
1995 - 1998, EXECUTIVE DIRECTOR, SNI NETWORK (MALAYSIA) SDN BHD
1994 - 1995, MANAGING DIRECTOR, NIXDORF COMPUTERS MALAYSIA SDN BHD
Directorship of public companies (if any): KUMPULAN DARUL EHSAN BERHAD
KUMPULAN HARTANAH SELANGOR BERHAD
Family relationship with any director and/or major shareholder of the listed issuer: NIL
Any conflict of interests that he/she has with the listed issuer: NIL
Details of any interest in the securities of the listed issuer or its subsidiaries: NIL
Composition of Audit Committee (Name and Directorate of members after change): YBhg Dato' Haji Ab. Halim bin Mohyiddin
Chairman - Independent Non-Executive Director
Y.M. Raja Haji Idris Raja Kamarudin
Member - Non-Independent Non-Executive Director
Encik Mustaffa Kamil bin Ayub
Member - Independent Non-Executive Director
YB Sivarasa a/l Rasiah
Member - Independent Non-Executive Director
Company Name: KUMPULAN PERANGSANG SELANGOR BERHAD
Stock Name: KPS
Date Announced: 03/04/2012
Announcement Detail:
Date of change: 28/04/2011
Name: Y.M. RAJA HAJI IDRIS RAJA KAMARUDIN
Age: 58
Nationality: BRITISH
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Non Independent & Non Executive
Qualifications: MEMBER, CHARTERED INSTITUTE OF BANKERS, UNITED KINGDOM
MEMBER, INSTITUTE FOR THE MANAGEMENT OF INFORMATION SYSTEM, UNITED KINGDOM (MIMIS)
Working experience and occupation: 2011 - CURRENT, DIRECTOR/CONSULTANT, ROTOTYPE INTERNATIONAL, UK
2009 - CURRENT, CONSULTANT, SIGNIFICANT TECHNOLOGIES SDN BHD
2006 - CURRENT, CONSULTANT, MARKFIELD INSTITUTE OF HIGHER EDUCATION (MIHE), LEICESTERSHIRE
2004 - 2006, MANAGING DIRECTOR, GLORY SETUP SDN BHD AND EXCUTIVE CHAIRMAN, VIRGO TRAVEL & TOURS SDN BHD
2000 - 2004, GROUP EXECUTIVE DIRECTOR, TDM BERHAD
1998 - 2000, VICE PRESIDENT, INFORMATION & COMMUNICATION NETWORK, SIEMENS MALAYSIA SDN BHD
1997 - 2000, NON-EXECUTIVE DIRECTOR, SIEMENS MULTIMEDIA SDN BHD
1995 - 1998, EXECUTIVE DIRECTOR, SNI NETWORK (MALAYSIA) SDN BHD
1994 - 1995, MANAGING DIRECTOR, NIXDORF COMPUTERS MALAYSIA SDN BHD
Directorship of public companies (if any): KUMPULAN DARUL EHSAN BERHAD
KUMPULAN HARTANAH SELANGOR BERHAD
Family relationship with any director and/or major shareholder of the listed issuer: NIL
Any conflict of interests that he/she has with the listed issuer: NIL
Details of any interest in the securities of the listed issuer or its subsidiaries: NIL
Composition of Audit Committee (Name and Directorate of members after change): YBhg Dato' Haji Ab. Halim bin Mohyiddin
Chairman - Independent Non-Executive Director
Y.M. Raja Haji Idris Raja Kamarudin
Member - Non-Independent Non-Executive Director
Encik Mustaffa Kamil bin Ayub
Member - Independent Non-Executive Director
YB Sivarasa a/l Rasiah
Member - Independent Non-Executive Director
KPS - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: KUMPULAN PERANGSANG SELANGOR BERHAD
Stock Name: KPS
Date Announced: 03/04/2012
Announcement Detail:
Date of change: 26/05/2011
Name: ROSELY @ MOHAMED ROSS BIN MOHD DIN
Age: 59
Nationality: MALAYSIAN
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Qualifications: BANKING DIPLOMA (PART 1) INSTITUTE OF BANKERS, LONDON
Working experience and occupation: 2008, EXECUTIVE DIRECTOR, HSBC AMANAH TAKAFUL (MALAYSIA) SDN BHD
2003 - 2007, DIRECTOR OF ISLAMIC BANKING IN 2003, AND WAS PROMOTED TO MANAGING DIRECTOR IN 2005, ISLAMIC BANKING OF HSBC BANK MALAYSIA BERHAD
1997 - 2002, AREA MANAGER SOUTHERN REGION, HSBC BANK MALAYSIA BERHAD
1991 - 1996, HEAD OF GROUP AUDIT, HSBC BANK MALAYSIA BERHAD
1986 - 1990, HEAD OF TREASURY AND FOREIGN EXCHANGE, HSBC BANK MALAYSIA BERHAD
1973 - 1986, BRANCH MANAGER, HEAD OF TRADE FINANCE, HEAD OF OPERATIONS, HEAD OF CORPORATE CREDIT, HSBC BANK MALAYSIA BERHAD
1972 - 1973, MANAGEMENT TRAINEE, HSBC, LONDON BRANCH
Directorship of public companies (if any): HSBC AMANAH MALAYSIA BERHAD
Family relationship with any director and/or major shareholder of the listed issuer: NIL
Any conflict of interests that he/she has with the listed issuer: NIL
Details of any interest in the securities of the listed issuer or its subsidiaries: NIL
Composition of Audit Committee (Name and Directorate of members after change): YBhg Dato' Haji Ab. Halim bin Mohyiddin
Chairman - Independent Non-Executive Director
Y.M. Raja Idris Haji Raja Kamarudin
Member - Non-Independent Non-Executive Director
Encik Mustaffa Kamil bin Ayub
Member - Independent Non-Executive Director
YB Sivarasa a/l Rasiah
Member - Independent Non-Executive Director
Encik Rosely @ Mohamed Ross bin Mohd Din
Member - Independent Non-Executive Director
Company Name: KUMPULAN PERANGSANG SELANGOR BERHAD
Stock Name: KPS
Date Announced: 03/04/2012
Announcement Detail:
Date of change: 26/05/2011
Name: ROSELY @ MOHAMED ROSS BIN MOHD DIN
Age: 59
Nationality: MALAYSIAN
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Qualifications: BANKING DIPLOMA (PART 1) INSTITUTE OF BANKERS, LONDON
Working experience and occupation: 2008, EXECUTIVE DIRECTOR, HSBC AMANAH TAKAFUL (MALAYSIA) SDN BHD
2003 - 2007, DIRECTOR OF ISLAMIC BANKING IN 2003, AND WAS PROMOTED TO MANAGING DIRECTOR IN 2005, ISLAMIC BANKING OF HSBC BANK MALAYSIA BERHAD
1997 - 2002, AREA MANAGER SOUTHERN REGION, HSBC BANK MALAYSIA BERHAD
1991 - 1996, HEAD OF GROUP AUDIT, HSBC BANK MALAYSIA BERHAD
1986 - 1990, HEAD OF TREASURY AND FOREIGN EXCHANGE, HSBC BANK MALAYSIA BERHAD
1973 - 1986, BRANCH MANAGER, HEAD OF TRADE FINANCE, HEAD OF OPERATIONS, HEAD OF CORPORATE CREDIT, HSBC BANK MALAYSIA BERHAD
1972 - 1973, MANAGEMENT TRAINEE, HSBC, LONDON BRANCH
Directorship of public companies (if any): HSBC AMANAH MALAYSIA BERHAD
Family relationship with any director and/or major shareholder of the listed issuer: NIL
Any conflict of interests that he/she has with the listed issuer: NIL
Details of any interest in the securities of the listed issuer or its subsidiaries: NIL
Composition of Audit Committee (Name and Directorate of members after change): YBhg Dato' Haji Ab. Halim bin Mohyiddin
Chairman - Independent Non-Executive Director
Y.M. Raja Idris Haji Raja Kamarudin
Member - Non-Independent Non-Executive Director
Encik Mustaffa Kamil bin Ayub
Member - Independent Non-Executive Director
YB Sivarasa a/l Rasiah
Member - Independent Non-Executive Director
Encik Rosely @ Mohamed Ross bin Mohd Din
Member - Independent Non-Executive Director
CENTURY - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
Announcement Type: General Announcement
Company Name: CENTURY LOGISTICS HOLDINGS BERHAD
Stock Name: CENTURY
Date Announced: 03/04/2012
Announcement Detail:
Type: Announcement
Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description: CENTURY LOGISTICS HOLDINGS BERHAD ("CENTURY" or "the Company")
- DEALINGS IN SECURITIES OF CENTURY OUTSIDE CLOSED PERIOD PURSUANT TO PARAGRAPH 14.09 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Company Name: CENTURY LOGISTICS HOLDINGS BERHAD
Stock Name: CENTURY
Date Announced: 03/04/2012
Announcement Detail:
Type: Announcement
Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description: CENTURY LOGISTICS HOLDINGS BERHAD ("CENTURY" or "the Company")
- DEALINGS IN SECURITIES OF CENTURY OUTSIDE CLOSED PERIOD PURSUANT TO PARAGRAPH 14.09 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
XIANLNG - OTHERS
Announcement Type: General Announcement
Company Name: XIAN LENG HOLDINGS BERHAD
Stock Name: XIANLNG
Date Announced: 03/04/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: XIAN LENG HOLDINGS BERHAD
- CHANGE IN THE COMPOSITION OF REMUNERATION COMMITTEE
Company Name: XIAN LENG HOLDINGS BERHAD
Stock Name: XIANLNG
Date Announced: 03/04/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: XIAN LENG HOLDINGS BERHAD
- CHANGE IN THE COMPOSITION OF REMUNERATION COMMITTEE
XIANLNG - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: XIAN LENG HOLDINGS BERHAD
Stock Name: XIANLNG
Date Announced: 03/04/2012
Announcement Detail:
Date of change: 03/04/2012
Name: Kuan Kai Seng
Age: 38
Nationality: Malaysian
Type of change: Appointment
Designation: Executive Director
Directorate: Executive
Qualifications: Chartered Accountant
Working experience and occupation: Mr Kuan Kai Seng holds a Bachelor degree in Accountancy from Nelson Polytechnic, New Zealand in December 1999 and Chartered Accountancy of the Institute Chartered Accountant of New Zealand in 2002. He is a member of New Zealand Institute of Chartered Accountants, Malaysian Institute of Chartered Accountants and Chartered Tax Institute of Malaysia. He joined Ernst & Young from March 1999 to September 2002, carrying out statutory audit on private limited and public limited companies. Subsequently, he was a Group Accountant in a local group of companies. His employment with the group of companies included three year overseas posting as an assistant general manager cum head of finance for the group's subsidiary in China. After that, he was in public practice as a chartered accountant in a member firm of MIA. Currently, He is an independent director of Karyon Industries Berhad, a company listed on Bursa Malaysia Securities Berhad.
Directorship of public companies (if any): Karyon Industries Berhad
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: This announcement is dated 3 April 2012.
Company Name: XIAN LENG HOLDINGS BERHAD
Stock Name: XIANLNG
Date Announced: 03/04/2012
Announcement Detail:
Date of change: 03/04/2012
Name: Kuan Kai Seng
Age: 38
Nationality: Malaysian
Type of change: Appointment
Designation: Executive Director
Directorate: Executive
Qualifications: Chartered Accountant
Working experience and occupation: Mr Kuan Kai Seng holds a Bachelor degree in Accountancy from Nelson Polytechnic, New Zealand in December 1999 and Chartered Accountancy of the Institute Chartered Accountant of New Zealand in 2002. He is a member of New Zealand Institute of Chartered Accountants, Malaysian Institute of Chartered Accountants and Chartered Tax Institute of Malaysia. He joined Ernst & Young from March 1999 to September 2002, carrying out statutory audit on private limited and public limited companies. Subsequently, he was a Group Accountant in a local group of companies. His employment with the group of companies included three year overseas posting as an assistant general manager cum head of finance for the group's subsidiary in China. After that, he was in public practice as a chartered accountant in a member firm of MIA. Currently, He is an independent director of Karyon Industries Berhad, a company listed on Bursa Malaysia Securities Berhad.
Directorship of public companies (if any): Karyon Industries Berhad
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: This announcement is dated 3 April 2012.
XIANLNG - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: XIAN LENG HOLDINGS BERHAD
Stock Name: XIANLNG
Date Announced: 03/04/2012
Announcement Detail:
Date of change: 03/04/2012
Name: Ng Huan Tong
Age: 53
Nationality: Malaysian
Designation: Managing Director
Directorate: Executive
Type of change: Resignation
Reason: As the audit investigation on Xian Leng Holdings Berhad's Group capital expenditure by PricewaterhouseCoopers has come to the final stage, and couple with the deteriorating financial result of the Group for the past few years. I believe that it would be prudent for me to relinquish my position as the Managing Director of Xian Leng Holdings Berhad voluntarily on my own accord.
Details of any disagreement that he/she has with the Board of Directors: No
Whether there are any matters that need to be brought to the attention of the shareholders: No
Qualifications: Marketing & Production Planning
Working experience and occupation: Mr Ng Huan Tong has more than 27 years experience in the ornamental fish industry and oversees the company planning, development, marketing and overall management.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Husband to Mdm Lim Wan Hong, major shareholder of the Company
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Direct: 16,903,500
Indirect: 16,913,500
Remarks: This announcement is dated 3 April 2012.
Company Name: XIAN LENG HOLDINGS BERHAD
Stock Name: XIANLNG
Date Announced: 03/04/2012
Announcement Detail:
Date of change: 03/04/2012
Name: Ng Huan Tong
Age: 53
Nationality: Malaysian
Designation: Managing Director
Directorate: Executive
Type of change: Resignation
Reason: As the audit investigation on Xian Leng Holdings Berhad's Group capital expenditure by PricewaterhouseCoopers has come to the final stage, and couple with the deteriorating financial result of the Group for the past few years. I believe that it would be prudent for me to relinquish my position as the Managing Director of Xian Leng Holdings Berhad voluntarily on my own accord.
Details of any disagreement that he/she has with the Board of Directors: No
Whether there are any matters that need to be brought to the attention of the shareholders: No
Qualifications: Marketing & Production Planning
Working experience and occupation: Mr Ng Huan Tong has more than 27 years experience in the ornamental fish industry and oversees the company planning, development, marketing and overall management.
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Husband to Mdm Lim Wan Hong, major shareholder of the Company
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Direct: 16,903,500
Indirect: 16,913,500
Remarks: This announcement is dated 3 April 2012.
FUTUTEC - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
Announcement Type: General Announcement
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: FUTUTECH BERHAD
Stock Name: FUTUTEC
Date Announced: 03/04/2012
Announcement Detail:
Type: Announcement
Subject: TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
Description: FUTUTECH BERHAD ("FUTUTECH" OR "COMPANY")
UNCONDITIONAL TAKE-OVER OFFER BY THE OFFEROR THROUGH OSK INVESTMENT BANK BERHAD ("OSK") AND ASTRAMINA ADVISORY SDN BHD ("ASTRAMINA") TO ACQUIRE THE FOLLOWING:-
(I) ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN FUTUTECH ("FUTUTECH SHARE(S)") NOT ALREADY HELD BY THE OFFEROR ("OFFER SHARE(S)") FOR A CASH CONSIDERATION OF RM0.50 PER OFFER SHARE; AND
(II) ALL THE REMAINING WARRANTS NOT ALREADY HELD BY THE OFFEROR THAT HAVE NOT BEEN CONVERTED INTO FUTUTECH SHARES ON OR PRIOR TO THE CLOSING OF THE OFFER ("OFFER WARRANT(S)") FOR A CASH CONSIDERATION OF RM0.09 PER OFFER WARRANT
(COLLECTIVELY REFERRED TO AS THE "OFFER")
Submitting Merchant Bank: OSK INVESTMENT BANK BERHAD
Company Name: FUTUTECH BERHAD
Stock Name: FUTUTEC
Date Announced: 03/04/2012
Announcement Detail:
Type: Announcement
Subject: TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
Description: FUTUTECH BERHAD ("FUTUTECH" OR "COMPANY")
UNCONDITIONAL TAKE-OVER OFFER BY THE OFFEROR THROUGH OSK INVESTMENT BANK BERHAD ("OSK") AND ASTRAMINA ADVISORY SDN BHD ("ASTRAMINA") TO ACQUIRE THE FOLLOWING:-
(I) ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN FUTUTECH ("FUTUTECH SHARE(S)") NOT ALREADY HELD BY THE OFFEROR ("OFFER SHARE(S)") FOR A CASH CONSIDERATION OF RM0.50 PER OFFER SHARE; AND
(II) ALL THE REMAINING WARRANTS NOT ALREADY HELD BY THE OFFEROR THAT HAVE NOT BEEN CONVERTED INTO FUTUTECH SHARES ON OR PRIOR TO THE CLOSING OF THE OFFER ("OFFER WARRANT(S)") FOR A CASH CONSIDERATION OF RM0.09 PER OFFER WARRANT
(COLLECTIVELY REFERRED TO AS THE "OFFER")
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