General Announcement for PLC

22/07/2022

TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))

Amended Announcements
Please refer to the earlier announcement reference number: GA1-20072022-00064

OLYMPIA INDUSTRIES BERHAD

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description
OLYMPIA INDUSTRIES BERHAD ("OIB")

CONDITIONAL TAKE-OVER FROM DUTA EQUITIES SDN BHD AND KENNY HEIGHT DEVELOPMENTS SDN BHD (COLLECTIVELY, THE "JOINT OFFERORS")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the conditional take-over offer from the Joint Offerors ("Offer").

 

We refer to the announcement in relation to the Offer dated 20 July 2022, and wish to restate the statement made therein to the following:-

 

In accordance with Paragraph 3.06 of the Rules on Take-overs, Mergers and Compulsory Acquisitions issued by the Securities Commission Malaysia ("SC"), the Board, had on 20 July 2022, wishes to announce that UOB Kay Hian Securities (M) Sdn Bhd has been appointed to act as the Independent Adviser to advise the non-interested Directors and holders of the Offer Shares, and provide its comments, opinions, information and recommendation on the Offer.

 

This announcement is dated 22 July 2022.






Announcement Info

Company Name OLYMPIA INDUSTRIES BERHAD
Stock Name OLYMPIA
Date Announced 22 Jul 2022
Category General Announcement for PLC
Reference Number GA1-22072022-00015