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September 21, 2018 -Friday

 
  PRESS RELEASE - HOVID BERHAD

Friday 12/01/2018



FAJAR ASTORIA SDN BHD AND HO SUE SAN @ DAVID HO SUE SAN (COLLECTIVELY, THE "JOINT OFFERORS")

VOLUNTARY TAKE-OVER OFFER BY THE JOINT OFFERORS THROUGH CIMB INVESTMENT BANK BERHAD ("CIMB") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES AND WARRANTS OF HOVID BERHAD ("HOVID") NOT ALREADY HELD BY THE JOINT OFFERORS FOR A CASH OFFER PRICE OF RM0.38 PER OFFER SHARE AND RM0.20 PER OFFER WARRANT ("OFFER")

- CLOSING OF OFFER

 
KUALA LUMPUR, Jan 12 (Bernama) -- (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 30 October 2017 ("Offer Document'), the notice of revision of offer and extension of closing date dated 23 November 2017 ("Notice of Revision and Extension"), the notice of final extension of closing date dated 5 December 2017 ("Notice of Final Extension"), the notice of revision of offer dated 15 December 2017 ("Final Notice of Revision") and the notice of offer becoming unconditional dated 21 December 2017 ("Notice of Offer Becoming Unconditional"))
 
We refer to the Offer Document which sets out the details and the terms and conditions of the Offer, the Notice of Revision and Extension, the Notice of Final Extension, the Final Notice of Revision and the Notice of Offer Becoming Unconditional.

On behalf of the Joint Offerors, we wish to inform you that the Offer has closed at 5.00 p.m. (Malaysian time) on 12 January 2018 ("Final Extended Closing Date").

The level of acceptances of the Offer as at 5.00 p.m. (Malaysian time) on the Final Extended Closing Date is set out in Appendix I of this press notice.

Please click here to view 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 : Perry Lye
Director
Tel : 03-2261 0361
Email : perry.lyeyh@cimb.com
 
Name : Eugene Khoo
Senior Associate
Tel : 03-2261 0301
Email : eugene.khoo@cimb.com
 
Name : Vishnu Chandran
Associate
Tel : 03-2261 0351
Email : vishnu.chandran@cimb.com

--BERNAMA

 
 
 

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