KLK

22.900

+0.02 (+0.1%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KUALA LUMPUR KEPONG BERHAD ("KLK" OR THE "COMPANY") (I) ACQUISITION BY KLK OF 494,865,786 ORDINARY SHARES IN IJM PLANTATIONS BERHAD ("IJMP") ("IJMP SHARES"), REPRESENTING 56.20% EQUITY INTEREST IN IJMP FROM IJM CORPORATION BERHAD FOR A TOTAL CASH CONSIDERATION OF RM1,534.08 MILLION ("ACQUISITION"); AND (II) MANDATORY GENERAL OFFER TO ACQUIRE ALL THE REMAINING IJMP SHARES NOT ALREADY HELD BY KLK AFTER THE ACQUISITION ("OFFER") (COLLECTIVELY, THE "PROPOSALS")

KUALA LUMPUR KEPONG BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
KUALA LUMPUR KEPONG BERHAD ("KLK" OR THE "COMPANY")

(I)	ACQUISITION BY KLK OF 494,865,786 ORDINARY SHARES IN IJM PLANTATIONS BERHAD ("IJMP") ("IJMP SHARES"), REPRESENTING 56.20% EQUITY INTEREST IN IJMP FROM IJM CORPORATION BERHAD FOR A TOTAL CASH CONSIDERATION OF RM1,534.08 MILLION ("ACQUISITION"); AND

(II)	MANDATORY GENERAL OFFER TO ACQUIRE ALL THE REMAINING IJMP SHARES NOT ALREADY HELD BY KLK AFTER THE ACQUISITION ("OFFER")

(COLLECTIVELY, THE "PROPOSALS")

We refer to the previous announcements in relation to the Proposals and the offer document dated 20 September 2021 which contains the details of the Offer (“Offer Document”). Unless otherwise stated, the terms used herein shall have the same meaning as defined in the Offer Document.

 

On behalf of the Board of the Offeror, RHB Investment Bank wishes to announce that the closing time and date for the acceptance of the Offer have been extended from 5:00 p.m. (Malaysian time) on Monday, 25 October 2021 to 5:00 p.m. (Malaysian time) on Thursday, 18 November 2021 (“Final Closing Date”). A notice of the said extension will be posted to the Holders accordingly.

 

Save for the Final Closing Date, all other details, terms and conditions of the Offer as set out in the Offer Document remain unchanged.

 

In accordance with Paragraph 13.01 of the Rules, the level of acceptances of the Offer as at 5:00 p.m. (Malaysian time) on Thursday, 21 October 2021 is set out in the attached press notice.

 

 

This Announcement is dated 21 October 2021.




Please refer attachment below.



Announcement Info

Company Name KUALA LUMPUR KEPONG BERHAD
Stock Name KLK
Date Announced 21 Oct 2021
Category General Announcement for PLC
Reference Number GA1-11102021-00085