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")

KUALA LUMPUR, May 28 (Bernama) -- We refer to the above and wish to announce that the Joint Offerors have served a formal notice in relation to the Offer ("Notice") to the Board of Directors of Tasek today. A copy of the Notice is attached for your information in accordance with the Securities Commission Malaysia's Rules on Take-Overs, Mergers and Compulsory Acquisitions.

The Notice relates to the Joint Offerors' intention to undertake an unconditional voluntary take-over offer to acquire all the remaining 23,255,888 Offer Ordinary Shares and 123,950 Offer Preference Shares, representing approximately 19.20% of the total 121,142,931 ordinary shares issued and 37.00% of the total 335,000 preference shares issued as at 28 May 2019 at the Offer Price.

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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