YTLCMT

4.780

(%)

Circular/Notice to Shareholders

YTL CEMENT BERHAD

SubjectCIRCULAR TO SHAREHOLDERS in relation to the

- PROPOSED ACQUISITION BY YTL CEMENT BERHAD ("YTL CEMENT") OF 107,500,000 ORDINARY SHARES OF RM1.00 EACH ("SHARES") REPRESENTING 32.10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PERAK-HANJOONG SIMEN SDN BHD ("PERAK--HANJOONG") FROM DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO. LTD FOR A CASH CONSIDERATION OF RM75,250,000

- PROPOSED ACQUISITION BY YTL CEMENT OF 109,658,000 SHARES REPRESENTING 32.74% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PERAK-HANJOONG FROM DANAHARTA MANAGERS SDN BHD FOR A CASH CONSIDERATION OF RM109,658,000

(COLLECTIVELY REFERRED TO AS THE "PROPOSED ACQUISITIONS")

- MANDATORY TAKE-OVER OFFER FOR THE REMAINING 117,742,000 SHARES REPRESENTING 35.16% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PERAK-HANJOONG NOT ALREADY HELD BY YTL CEMENT UPON COMPLETION OF THE PROPOSED ACQUISITIONS AT AN OFFER PRICE OF RM1.00 PER SHARE TO BE SATISFIED BY CASH, IN ACCORDANCE WITH THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 1998
Content


Announcement Info

Company NameYTL CEMENT BERHAD  
Stock Name YTLCMT    
Date Announced25 Nov 2004  
CategoryDocument Receipt
Reference NoGR-041125-44398