General Announcement for PLC
17/06/2020TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Amended Announcements
Please refer to the earlier announcement reference number: GA1-17062020-00086
MB WORLD GROUP BERHAD |
Type | Announcement |
Subject | TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A)) |
Description | MB WORLD GROUP BERHAD ("MBW" OR "THE COMPANY") UNCONDITIONAL VOLUNTARY TAKE-OVER OFFER FROM RHB INVESTMENT BANK BERHAD ON BEHALF OF KIM FENG CAPITAL SDN BHD, NGSINAR SDN BHD AND NG KOK BOON TO ACQUIRE ALL THE REMAINING 44,410,900 ORDINARY SHARES IN MBW NOT ALREADY HELD BY THEM ("OFFER SHARES") ("OFFER") |
We refer to the announcement dated 15 June 2020 in relation to the Offer. In accordance with Rule 3.06 of the Rules on Take-overs, Mergers and Compulsory Acquisitions issued by the Securities Commission Malaysia (“SC”), the Board of Directors of MBW [save for the interested Directors, namely Cindi Sim, Ng Liang Khiang, Simon Sim Yow Yung and Ng Kok Boon (Alternate Director to Ng Liang Khiang)] wishes to announce that Mercury Securities Sdn Bhd has been appointed to act as the Independent Adviser of MBW to advise the non-interested Directors and the holders of the Offer Shares in respect of the fairness and reasonableness of the Offer, and its appointment is subject to the clearance of eligibility of the Independent Adviser by the SC.
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Announcement Info
Company Name | MB WORLD GROUP BERHAD |
Stock Name | MBWORLD |
Date Announced | 17 Jun 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-17062020-00102 |