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 |
Contents :
Further to the Company's announcement dated 21 June 2001, MIMB is pleased to announce, on behalf of the Board of Directors of K&N, 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 further extend the deadline for the fulfilment of all the conditions precedent set out in the Agreement, from 15 August 2001 to 30 August 2001.
For and on behalf of
K&N KENANGA HOLDINGS BERHAD
MALAYSIAN INTERNATIONAL MERCHANT BANKERS BERHAD
This announcement is dated 17 August 2001
c.c Issues and Investment Division
Securities Commission
(Attn. : Mr Wong Wing Seong, Director)
Query Letter Contents :
Announcement Info
Company Name | K & N KENANGA HOLDINGS BERHAD |
Stock Name | KENANGA |
Date Announced | 17 Aug 2001 |
Category | General Announcement |
Reference No | MM-010817-60333 |