TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
| AT SYSTEMATIZATION BERHAD |
| Type | Announcement |
| Subject | TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A)) |
| Description | AT SYSTEMATIZATION BERHAD ("AT SYSTEMATIZATION" OR THE "ULTIMATE OFFEROR")
CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY AT ENGINEERING SOLUTION SDN BHD ("AT ENGINEERING" OR THE "OFFEROR"), A WHOLLY-OWNED SUBSIDIARY OF AT SYSTEMATIZATION, TO ACQUIRE ALL THE ORDINARY SHARES IN ASDION BERHAD ("ASDION" OR THE "OFFEREE") ("ASDION SHARES") WHICH ARE NOT HELD BY THE OFFEROR ("OFFER SHARES") FOR A CASH OFFER PRICE OF RM0.50 PER OFFER SHARE ("OFFER PRICE") ("OFFER") |
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(For consistency, the abbreviations used throughout this announcement shall have the same meanings as those defined in the announcement dated 11 March 2021 in relation to the Offer, where applicable, unless stated otherwise or defined herein.)
We refer to the announcement in relation to the Offer dated 11 March 2021.
On behalf of the Board, Mercury Securities wishes to announce that an application has been submitted on 31 March 2021 to the SC under Paragraph 1.11 of the Rules for an extension of time to despatch the Offer Document. Further developments will be announced in due course.
This announcement is dated 31 March 2021. |
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Announcement Info
| Company Name | AT SYSTEMATIZATION BERHAD |
| Stock Name | AT |
| Date Announced | 31 Mar 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-31032021-00129 |