February 27, 2013

Company announcements: MBFHLDG

MBFHLDG - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameMBF HOLDINGS BERHAD  
Stock Name MBFHLDG  
Date Announced27 Feb 2013  
CategoryGeneral Announcement
Reference NoMH-130227-B31B1

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionMBf HOLDINGS BERHAD ("MBfH")
Take-over offer by Tor Private Limited, Nadin Holdings Sdn Bhd, Impact Action Sdn Bhd and Market Share Investments Limited (collectively referred to as the “Joint Offerors”) through Hong Leong Investment Bank Berhad (formerly known as MIMB Investment Bank Berhad) (“HLIB”) to acquire:

(i) all the remaining ordinary shares of RM1.00 each in MBfH (“MBfH Shares”) and such number of new MBfH Shares that may be issued pursuant to the exercise of any outstanding Warrants 2003/2013 (“Warrants”) or conversion of class A United States Dollar (“USD”) denominated redeemable convertible secured loan stocks with a nominal value of USD1.00 each (“RCSLS”) issued by Wellink Investments Limited, a wholly-owned subsidiary of MBfH prior to the closing of the offer, which are not already held by the Joint Offerors (“Offer Shares”);

(ii) all the remaining Warrants not already owned by the Joint Offerors (“Offer Warrants”); and

(iii) all the remaining RCSLS not already owned by the Joint Offerors (“Offer RCSLS”),

for a cash offer price of RM1.50 per Offer Share, RM0.50 per Offer Warrant and RM4.64 per Offer RCSLS



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