NCB

4.380

(%)

OTHERS NCB HOLDINGS BHD ("NCB" OR "THE COMPANY") UNCONDITIONAL TAKE-OVER OFFER BY MMC PORT HOLDINGS SDN BHD (FORMERLY KNOWN AS MMC VENTURES SDN BHD) ("OFFEROR") THROUGH RHB INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN NCB ("OFFER SHARE(S)") NOT ALREADY OWNED BY THE OFFEROR FOR A CASH OFFER PRICE OF RM4.40 PER OFFER SHARE ("OFFER")

NCB HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
NCB HOLDINGS BHD ("NCB" OR "THE COMPANY")

UNCONDITIONAL TAKE-OVER OFFER BY MMC PORT HOLDINGS SDN BHD (FORMERLY KNOWN AS MMC VENTURES SDN BHD) ("OFFEROR") THROUGH RHB INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN NCB ("OFFER SHARE(S)") NOT ALREADY OWNED BY THE OFFEROR FOR A CASH OFFER PRICE OF RM4.40 PER OFFER SHARE ("OFFER")

Reference is made to the announcements dated 25 November 2015, 3 December 2015, 7 December 2015, 16 December 2015, 28 December 2015, 5 January 2016, 6 January 2016 and 20 January 2016 in relation to the Offer ("Announcements") and the Independent Advice Circular dated 28 December 2015 ("IAC").

All definitions used herein shall have the same meanings as the words and expressions defined in the Announcements and IAC, except where the context otherwise requires or where otherwise defined herein.

The Company wishes to announce that it had today, received a press release from RHB Investment Bank Berhad on behalf of the Offeror, informing that the Offeror had, on Friday, 22 January 2016, despatched the notice to the shareholders of NCB, who have not accepted the Offer ("Shareholder(s)"), in accordance with Subsection 223(2) of the Capital Markets and Services Act, 2007 ("Notice"), informing them that they may exercise their rights to require the Offeror to acquire their NCB Shares.

Pursuant to the above, any Shareholder may give notice to the Offeror requiring the Offeror to acquire the NCB Shares held by the Shareholder no later than 5.00 p.m. (Malaysian Standard Time) on Friday, 22 April 2016, being three (3) months from the date of the Notice, on the terms of the Offer, or such other terms as may be agreed or as the High Court, on an application made to it by the Shareholder or by the Offeror, thinks fit.

A copy of the Notice and the press notice released by RHB Investment Bank Berhad, on behalf of the Offeror, in relation to the above are attached herewith.

This announcement is dated 22 January 2016.




Please refer attachment below.



Announcement Info

Company Name NCB HOLDINGS BERHAD
Stock Name NCB
Date Announced 22 Jan 2016
Category General Announcement for PLC
Reference Number GA1-22012016-00070