TSTORE

3.630

(%)

TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))

THE STORE CORPORATION BERHAD

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description
THE STORE CORPORATION BERHAD ("TSCB" OR "THE COMPANY")

NOTICE PURSUANT TO SUBSECTION 222(1) OF THE CAPITAL MARKETS AND SERVICES ACT, 2007 (CMSA) IN RESPECT OF THE UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY TYS CONSOLIDATED SDN BHD ("OFFEROR") THROUGH HONG LEONG INVESTMENT BANK BERHAD (HLIB) TO ACQUIRE ALL THE ORDINARY SHARES OF RM1.00 EACH IN TSCB NOT ALREADY OWNED BY THE OFFEROR (OFFER SHARES) FOR A CASH OFFER PRICE OF RM3.70 PER OFFER SHARE ("OFFER") (NOTICE)

We refer to our previous announcements in relation to the Offer.

The Board of Directors (“Board”) of TCSB wishes to announce that the Board has today received the attached press notice from HLIB, on behalf of the Offeror, informing that the Offeror has today, despatched to the holders of the Offer Shares who have not accepted the Offer (“Dissenting Shareholders”) (whose names appear on TSCB’s register of members as at 5.00 p.m. (Malaysia time) on Tuesday, 7 February 2017), the Notice in pursuance of Section 222 of the CMSA stating the Offeror desires to compulsorily acquire the remaining Offer Shares held by the Dissenting Shareholders. The statutory declaration by the Offeror stating that the conditions for the despatch of the Notice have been satisfied were also despatched together with the Notice.

Please refer to the attached press notice and the Notice for further details.

This announcement is dated 8 February 2017. 




Please refer attachment below.



Announcement Info

Company Name THE STORE CORPORATION BERHAD
Stock Name TSTORE
Date Announced 08 Feb 2017
Category General Announcement for PLC
Reference Number GA1-08022017-00064