TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
ADVANCE INFORMATION MARKETING BERHAD |
Type | Announcement |
Subject | TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A)) |
Description | ADVANCE INFORMATION MARKETING BERHAD ("AIM" or "THE COMPANY") RECEIPT OF NOTICE OF CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY DATUK CHAI WOON CHET (THE OFFEROR) THROUGH MERCURY SECURITIES SDN BHD |
The Board of Directors of AIM (“Board”) wishes to announce that the Board has today received a notice of conditional voluntary take over offer (“Notice”) from Mercury Securities Sdn Bhd, on behalf of the Offeror, to acquire all the ordinary shares in AIM (“AIM Shares”)(excluding treasury shares) which are not held by the Offeror (“Offer Shares”) for a cash offer price of RM0.13 per Offer Share (“Offer”).
Pursuant to Paragraph 3.06 of the Rules on Take-overs, Mergers and Compulsory Acquisitions, an independent adviser will be appointed by the Board in due course to provide comments, opinions, information and recommendation on the Offer to the non-interested directors and holders of the Offer Shares.
A copy of the Notice is attached herewith and will be posted to the holders of the Offer Shares within 7 days from the date of this announcement.
This announcement is dated 14 October 2020. |
Please refer attachment below.
Announcement Info
Company Name | ADVANCE INFORMATION MARKETING BERHAD |
Stock Name | AIM |
Date Announced | 14 Oct 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-14102020-00068 |