Circular/Notice to Shareholders
PLS PLANTATIONS BERHAD |
Subject | PLS PLANTATIONS BERHAD ("PLS" OR "COMPANY") - INDEPENDENT ADVICE CIRCULAR TO THE HOLDERS IN RELATION TO THE UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY EKOVEST BERHAD ("OFFEROR"), THROUGH RHB INVESTMENT BANK BERHAD AND ASTRAMINA ADVISORY SDN BHD TO ACQUIRE:- (I) ALL THE REMAINING ORDINARY SHARES IN PLS ("PLS SHARES") NOT ALREADY HELD BY THE OFFEROR INCLUDING ANY NEW PLS SHARE THAT MAY BE ISSUED AND ALLOTTED PRIOR TO THE CLOSING DATE OF THE OFFER ARISING FROM THE EXERCISE OF ANY OF THE 10-YEAR WARRANTS 2020/2030 ISSUED BY PLS ("PLS WARRANTS") ("OFFER SHARES"); AND (II) ALL THE REMAINING PLS WARRANTS NOT ALREADY HELD BY THE OFFEROR ("OFFER WARRANTS"), FOR A CASH OFFER PRICE OF RM0.95 PER OFFER SHARE AND RM0.15 PER OFFER WARRANT RESPECTIVELY ("OFFER") |
Please refer attachment below.
Announcement Info
Company Name | PLS PLANTATIONS BERHAD |
Stock Name | PLS |
Date Announced | 30 Nov 2020 |
Category | Document Submission |
Reference Number | DCS-30112020-00004 |