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 |
(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcement dated 14 October 2020 in relation to the Conditional Voluntary Take-Over Offer.)
Reference is made to the Company’s announcement made on 14 October 2020 in relation to the receipt of the Notice.
Pursuant to Paragraph 3.06 of the Rules on Take-overs, Mergers and Compulsory Acquisitions issued by the Securities Commission Malaysia, the Board of Directors of AIM (“Board”) wishes to announce that M&A Securities Sdn Bhd (“M&A Securities”) has been appointed to provide independent advice to the Board and shareholders of AIM on the fairness and reasonableness of the Offer. The Board of AIM will in due course, following consultation with M&A Securities, issue its comments and opinion on the Offer.
This announcement is dated 19 October 2020. |
Announcement Info
Company Name | ADVANCE INFORMATION MARKETING BERHAD |
Stock Name | AIM |
Date Announced | 19 Oct 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-19102020-00099 |