AIM

0.070

-0.005 (-6.7%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ADVANCE INFORMATION MARKETING BERHAD ("AIM" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

ADVANCE INFORMATION MARKETING BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
ADVANCE INFORMATION MARKETING BERHAD ("AIM" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT

Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcement in relation to the Proposed Private Placement.

We refer to the announcement dated 9 October 2020 in relation to the Proposed Private Placement.

On behalf of the Board of Directors of AIM ("Board"), UOBKH wishes to announce that the Company has resolved to terminate the Proposed Private Placement after taking into consideration the on-going voluntary take-over offer by Datuk Chai Woon Chet ("Offeror") to acquire all the AIM Shares (excluding treasury shares) which are not held by the Offeror ("Offer Share(s)") for a cash price of RM0.13 per Offer Share as announced on 14 October 2020 ("Offer"). The closing date and time for acceptance of the Offer has since been extended until 4 January 2021.

The aforesaid termination of the Proposed Private Placement does not have any impact on the on-going Offer, and will not result in the shareholders being denied the opportunity to decide on the merits of the Offer.

 

This announcement is dated 8 December 2020.






Announcement Info

Company Name ADVANCE INFORMATION MARKETING BERHAD
Stock Name AIM
Date Announced 08 Dec 2020
Category General Announcement for PLC
Reference Number GA1-08122020-00065