MULPHA

2.360

+0.01 (+0.4%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MULPHA INTERNATIONAL BHD ("MULPHA") PROPOSED RATIFICATION FROM THE SHAREHOLDERS OF MULPHA OF THE ACCEPTANCE OF A PRIVATISATION SCHEME UNDERTAKEN BY HYDRA RL BIDCO PTY. LTD. ("BIDCO" OR THE "OFFEROR"), AN ENTITY CONTROLLED BY BROOKFIELD ASSET MANAGEMENT INC. ("BROOKFIELD") FOR ALL THE SECURITIES OF AVEO GROUP LIMITED AND AVEO GROUP TRUST (COLLECTIVELY, "AVEO"), A 24.39% ASSOCIATE COMPANY OF MULPHA ("PROPOSED RATIFICATION")

MULPHA INTERNATIONAL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MULPHA INTERNATIONAL BHD ("MULPHA")

PROPOSED RATIFICATION FROM THE SHAREHOLDERS OF MULPHA OF THE ACCEPTANCE OF A PRIVATISATION SCHEME UNDERTAKEN BY HYDRA RL BIDCO PTY. LTD. ("BIDCO" OR THE "OFFEROR"), AN ENTITY CONTROLLED BY BROOKFIELD ASSET MANAGEMENT INC. ("BROOKFIELD") FOR ALL THE SECURITIES OF AVEO GROUP LIMITED AND AVEO GROUP TRUST (COLLECTIVELY, "AVEO"), A 24.39% ASSOCIATE COMPANY OF MULPHA 

("PROPOSED RATIFICATION")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements dated 30 September 2019, 25 October 2019, 1 November 2019, 6 November 2019, 13 November 2019, 29 November 2019 and 2 December 2019 in relation to the Schemes and Proposed Ratification, respectively.

We refer to the earlier announcements of Mulpha dated 30 September 2019, 25 October 2019, 1 November 2019, 6 November 2019, 13 November 2019, 29 November 2019 and 2 December 2019 in relation to the Schemes involving the privatisation of Aveo and the Proposed Ratification, respectively.

On behalf of the Board, UOB Kay Hian Securities (M) Sdn Bhd wishes to inform that the Proposed Ratification has been completed today i.e. 15 January 2020 following the approval obtained from the shareholders of Mulpha for the Proposed Ratification at the extraordinary general meeting which was convened on 15 January 2020.

Pursuant to the completion of the Proposed Ratification and the implementation of the Schemes, Rosetec Investments Limited (a wholly-owned subsidiary company of Mulpha) has a significant partnership interest of 96.1% in AOG L.P. and effectively holds an indirect interest of 15.5% in TopCo, which indirectly owns all the securities of Aveo.

 

This announcement is dated 15 January 2020.






Announcement Info

Company Name MULPHA INTERNATIONAL BERHAD
Stock Name MULPHA
Date Announced 15 Jan 2020
Category General Announcement for PLC
Reference Number GA1-15012020-00046