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OGAWA
(%)
TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) COMFORT ENTERPRISE (HONG KONG) CO., LIMITED (A WHOLLY-OWNED SUBSIDIARY OF XIAMEN COMFORT SCIENCE & TECHNOLOGY GROUP CO., LTD) ("CHEK" OR "OFFEROR") ACQUISITION BY CEHK OF:- (I) ALL THE ORDINARY SHARES OF RM0.50 EACH IN OGAWA WORLD BERHAD (EXCLUDING TREASURY SHARES) ("OGAWA") ("OGAWA SHARE") NOT ALREADY HELD BY THE OFFEROR; AND (II) ALL THE NEW OGAWA SHARES THAT MAY BE ISSUED PRIOR TO THE CLOSING OF THE OFFER ARISING FROM THE EXERCISE OF OUTSTANDING OPTIONS GRANTED BY OGAWA PURSUANT TO OGAWA'S EXECUTIVES’ SHARE OPTION SCHEME ("ESOS") ("ESOS OPTIONS"), FOR AN OFFER PRICE OF RM1.05 PER OGAWA SHARE ("OFFER")
OGAWA WORLD BERHAD
Type
Announcement
Subject
TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
Description
COMFORT ENTERPRISE (HONG KONG) CO., LIMITED (A WHOLLY-OWNED SUBSIDIARY OF XIAMEN COMFORT SCIENCE & TECHNOLOGY GROUP CO., LTD) ("CHEK" OR "OFFEROR")
ACQUISITION BY CEHK OF:-
(I) ALL THE ORDINARY SHARES OF RM0.50 EACH IN OGAWA WORLD BERHAD (EXCLUDING TREASURY SHARES) ("OGAWA") ("OGAWA SHARE") NOT ALREADY HELD BY THE OFFEROR; AND
(II) ALL THE NEW OGAWA SHARES THAT MAY BE ISSUED PRIOR TO THE CLOSING OF THE OFFER ARISING FROM THE EXERCISE OF OUTSTANDING OPTIONS GRANTED BY OGAWA PURSUANT TO OGAWA'S EXECUTIVES’ SHARE OPTION SCHEME ("ESOS") ("ESOS OPTIONS"),
FOR AN OFFER PRICE OF RM1.05 PER OGAWA SHARE ("OFFER")
We refer to the announcements dated 9 September 2013, 10 September 2013 and 13 September 2013.
We wish to announce that Ogawa World Berhad ("OWB") has received the press notice from AmInvestment Bank Berhad, on behalf of the Offeror, informing that the offer document dated 30 September 2013, which sets out the details of the Offer together with the Form of Acceptance and Transfer ("Offer Document") have been despatched to the shareholders of OWB on even date.
Copies of the Offer Document are available from Tricor Investor Services Sdn Bhd as well as the website of Bursa Malaysia Securities Berhad at www.bursamalaysia.com.
The details of the Registrar, whose normal business hours are from 8.30 a.m. to 5.30 p.m. (Malaysia time) on Mondays to Fridays (excluding public holidays in Malaysia), are set out below:-
Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur, Malaysia
Telephone: (603) 2264 3883
Facsimile: (603) 2282 1886
Email:
[email protected]
The Offer is open for acceptances until 5.00 p.m. (Malaysian time) on 21 October 2013, unless revised or extended in accordance with the provisions of the Malaysian Code on Take-Overs and Mergers, 2010, as the Offeror may decide and announced by AmInvestment Bank Berhad, on behalf of the Offeror at least two (2) days before 21 October 2013.
A copy of the press release on the abovementioned matters is attached herewith.
This announcement is dated 30 September 2013.
Attachments
Press Release (Offer Document).pdf
62 KB
Announcement Info
Company Name
OGAWA WORLD BERHAD
Stock Name
OGAWA
Date Announced
30 Sept 2013
Category
General Announcement
Reference No
CC-130930-53480
View original announcement