General Announcement

21/06/2001

Announcement to the Kuala Lumpur Stock Exchange by Malaysian International Merchant Bankers Berhad ("MIMB"), on behalf of K&N Kenanga Holdings Berhad ("K&N" or "Company"), in relation to the proposed merger of the stockbroking and futures businesses of K&N and CMS Capital Sdn Bhd ("CMS Capital") through the acquisitions by K&N of the entire issued and paid-up share capital of Sarawak Securities Sdn Bhd and Sarawak Securities Futures Sdn Bhd

K & N KENANGA HOLDINGS BERHAD

TypeAnnouncement
Subject
Announcement to the Kuala Lumpur Stock Exchange by Malaysian
International Merchant Bankers Berhad ("MIMB"), on behalf of K&N Kenanga
Holdings Berhad ("K&N" or "Company"), in relation to the proposed merger of
the stockbroking and futures businesses of K&N and CMS Capital Sdn Bhd
("CMS Capital") through the acquisitions by K&N of the entire issued and paid-up
share capital of Sarawak Securities Sdn Bhd and Sarawak Securities
Futures Sdn Bhd

Contents :



On behalf of the Board of Directors of K&N, MIMB is pleased to announce that pursuant to the shares exchange agreement between K&N and CMS Capital dated 26 December 2000 (Agreement), K&N and CMS Capital have mutually agreed to extend the deadline for the fulfilment of all the conditions precedent set out in the Agreement, from 30 June 2001 to 15 August 2001.


For and on behalf of
K&N KENANGA HOLDINGS BERHAD


MALAYSIAN INTERNATIONAL MERCHANT BANKERS BERHAD

This announcement is dated 21 June 2001

c.c Issues and Investment Division
Securities Commission
(Attn. : Mr Wong Wing Seong, Director)

Announcement Info

Company NameK & N KENANGA HOLDINGS BERHAD  
Stock Name KENANGA
Date Announced21 Jun 2001  
CategoryGeneral Announcement
Reference NoMM-010621-62224

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