AT

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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")

(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 announcements in relation to the Offer dated 11 March 2021 and 31 March 2021.

 

On behalf of the Board, Mercury Securities wishes to announce that the SC has approved the extension of time for the Offer Document to be despatched within 7 market days (i.e. by 12 April 2021) or until such time that the SC has notified that it has no further comments on the Offer Document, whichever is later.

 

 

This announcement is dated 1 April 2021.






Announcement Info

Company Name AT SYSTEMATIZATION BERHAD
Stock Name AT
Date Announced 01 Apr 2021
Category General Announcement for PLC
Reference Number GA1-01042021-00123