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  PRESS RELEASE - EXTENSION (HLCSB AND RSL)

Friday 19/07/2019



HL CEMENT (MALAYSIA) SDN BHD AND RIDGE STAR LIMITED (COLLECTIVELY, THE "JOINT OFFERORS")

UNCONDITIONAL VOLUNTARY TAKE-OVER OFFER BY THE JOINT OFFERORS THROUGH CIMB INVESTMENT BANK BERHAD ("CIMB") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES (EXCLUDING TREASURY SHARES) ("OFFER ORDINARY SHARES") AND ALL THE REMAINING PREFERENCE SHARES ("OFFER PREFERENCE SHARES")  IN TASEK CORPORATION BERHAD ("TASEK") NOT ALREADY HELD BY THE JOINT OFFERORS FOR A CASH CONSIDERATION OF RM5.50 PER OFFER ORDINARY SHARE AND RM5.50 PER OFFER PREFERENCE SHARE ("OFFER PRICE") ("OFFER")

- EXTENSION OF CLOSING DATE


(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as defined in the offer document relating to the Offer dated 18 June 2019 ("Offer Document"))

KUALA LUMPUR, July 19 (Bernama) -- We refer to the Offer Document which sets out the details and the terms and conditions of the Offer.

On behalf of the Joint Offerors, we wish to inform the Holders that the closing time and date for acceptances of the Offer has been extended from 5.00 p.m (Malaysian time) on Monday, 22 July 2019 to 5.00 p.m. (Malaysian time) on Monday, 5 August 2019 ("Closing Date"). Save for the Closing Date, all other details and the terms and conditions as set out in the Offer Document remain unchanged.

The Notice of Closing Date will be despatched to the Holders accordingly.

In accordance with Paragraph 13.01 of the Rules, the detailed disclosure on the level of acceptances of the Offer as at 5.00 p.m. (Malaysian time) on 19 July 2019 is set out in the Appendix of this press notice.

Holders who wish to accept the Offer are advised to refer to the Offer Document for the details, terms and conditions of the Offer and the procedures for acceptance of the Offer. Holders are also advised to carefully consider the Independent Advice Circular dated 28 June 2019 before making any decision.

Please click here for the full press release
 
Source: CIMB Group

FOR MORE INFORMATION, PLEASE CONTACT: 

Name: Debbie Leong
Managing Director
Tel: 03-2261 0998 
Email: debbie.leong@cimb.com

Name: Lim Yang Hoon
Director
Tel: 03-2261 0292
Email: yanghoon.lim@cimb.com

Name: Audrey Wong
Associate Director
Tel: 03-2261 0284
Email: audrey.wong@cimb.com

Name: Jonathan Lee
Associate
Tel: 03-2261 0368
Email: jonathanjr.lee@cimb.com

--BERNAMA

 
 
 

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