General Announcement

22/12/1999

OSK HOLDINGS BERHAD ("OSK" or "the Company") (I) PROPOSED ACQUISITION OF 31,394,578 SHARES OF RM1.00 EACH IN TCL PREMIER HOLDINGS BERHAD ("TCL PREMIER") REPRESENTING 31.40% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TCL PREMIER ("PROPOSED ACQUISITION"); AND (ii) PROPOSED VOLUNTARY GENERAL OFFER FOR THE REMAINING 68,601,422 SHARES OF RM1.00 EACH REPRESENTING 68.60% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TCL PREMIER BERHAD ("PROPOSED VOLUNTARY GENERAL OFFER") (COLLECTIVELY herein referred to as "PROPOSALS")

O.S.K. HOLDINGS BERHAD

TypeAnnouncement
SubjectOSK HOLDINGS BERHAD ("OSK" or "the Company")
(I) PROPOSED ACQUISITION OF 31,394,578 SHARES OF RM1.00 EACH IN TCL PREMIER HOLDINGS BERHAD ("TCL PREMIER") REPRESENTING 31.40% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TCL PREMIER ("PROPOSED ACQUISITION"); AND
(ii) PROPOSED VOLUNTARY GENERAL OFFER FOR THE REMAINING 68,601,422 SHARES OF RM1.00 EACH REPRESENTING 68.60% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TCL PREMIER BERHAD ("PROPOSED VOLUNTARY GENERAL OFFER")
(COLLECTIVELY herein referred to as "PROPOSALS")

Contents :

On behalf of the Company, Arab-Malaysian Merchant Bank Berhad ("Arab-Malaysian") hereby announces that OSK has received the clearance of the Securities Commission ("SC") to despatch the Offer Document for the Proposed Voluntary General Offer after the approval of the SC for the Proposed Acquisition and the Proposed Voluntary General Offer.


Arab-Malaysian has, on behalf of OSK, submitted OSKs application to the SC for approval of the Proposals.


Announcement Info

Company NameO.S.K. HOLDINGS BERHAD  
Stock Name OSK
Date Announced22 Dec 1999  
CategoryGeneral Announcement
Reference NoMM-991222-54650

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