OTHERS EVERSENDAI CORPORATION BERHAD - RECEIPT OF A LETTER OF OFFER FROM VAHANA HOLDINGS SDN BHD (VHSB) IN RELATION TO A PROPOSED SALE AND PURCHASE OF VAHANA OFFSHORE (M) SDN BHD (VOSB) AND ITS GROUP OF COMPANIES
| EVERSENDAI CORPORATION BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | EVERSENDAI CORPORATION BERHAD - RECEIPT OF A LETTER OF OFFER FROM VAHANA HOLDINGS SDN BHD (VHSB) IN RELATION TO A PROPOSED SALE AND PURCHASE OF VAHANA OFFSHORE (M) SDN BHD (VOSB) AND ITS GROUP OF COMPANIES |
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The Board of Directors of ECB (“Board”) wishes to announce that the Company has on 10 February 2020 received a letter of offer from VHSB, the major shareholder of the Company (“Letter of Offer”) wherein VHSB has offered the Company, the opportunity to acquire the entire issued and paid-up share capital of VOSB, which currently owns the entire issued and paid-up share capital of Aryan-Inspire Pte Ltd, Arjun-Aspire Pte Ltd and Vahana Marine Solutions DMCC based on the terms and conditions as set out in the Letter of Offer.
A copy of the Letter of Offer is attached with this announcement.
The Board, save for the interested directors namely, Tan Sri Dato’ A K Nathan Elumalay and Narishnath Nathan, will deliberate on the Letter of Offer and a further announcement will be made in due course after the Board’s deliberation.
This announcement is dated 10 February 2020.
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Please refer attachment below.
Announcement Info
| Company Name | EVERSENDAI CORPORATION BERHAD |
| Stock Name | SENDAI |
| Date Announced | 10 Feb 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10022020-00019 |