ZECON

0.425

ZECON BERHAD

Type	Announcement
Subject	OTHERS
Description	ZECON BERHAD (“ZECON” OR “COMPANY”) PRIVATISATION OF ZECON VIA A PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 AND PROPOSED ACCELERATION OF THE MATURITY OF ZECON’S WARRANTS AND CANCELLATION THEREOF
The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement and Offer Letter, both dated 15 July 2013 in relation to the Proposals. Reference is made to the Company’s announcement dated 15 July 2013 in relation to the receipt of the Offer Letter from the Non-Entitled Shareholders proposing the Company to undertake the Proposals. We wish to announce that via an exchange of letters, Zecon and the Non-Entitled Shareholders have mutually agreed to an extension of time of up to 5.00 p.m. on 07 August 2013 for the acceptance of the Offer Letter. Save for the above, all other terms of the Offer Letter have not been varied. A copy of the abovementioned letter will be made available for inspection at the registered office of Zecon at 8th Floor, Menara Zecon, No. 92, Lot 393, Section 5 KTLD, Jalan Satok, 93400 Kuching, Sarawak, during normal office hours on Mondays to Fridays (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 26 July 2013.