COMPLET

3.950

(%)

TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))

COMPLETE LOGISTIC SERVICES BERHAD

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description
APPOINTMENT OF INDEPENDENT ADVISER FOR THE CONDITIONAL TAKE-OVER OFFER FROM M&A SECURITIES SDN BHD ON BEHALF OF HEXTAR TECH SDN BHD (FORMERLY KNOWN AS GET ASIA GROUP SDN BHD ("OFFEROR") AND DATO' ONG CHOO MENG ("ULTIMATE OFFEROR")

We refer to the announcement dated 30 November 2021 in relation to the Offer. Unless otherwise defined, the definitions set out in the previous announcement shall apply herein.

 

The Board of Directors of Complete Logistic Services Berhad ("CLSB") (“the Board”) wishes to announce that in accordance with Paragraph 3.06 of the Rules on Take-overs, Mergers, and Compulsory Acquisitions issued by the Securities Commission Malaysia, the Board, other than the interested director namely Mr Teh Li King (“Interested Director”) who will abstain from deliberating on the Offer, has appointed MainStreet Advisers Sdn Bhd (“MainStreet“) to act as the Independent Adviser to the non-interested directors and non-interested shareholders of CLSB to provide their independent evaluation and recommendation on the Offer. The appointment of MainStreet is subject to the clearance of their eligibility as the Independent Adviser by the Securities Commission Malaysia.

 

This announcement is dated 02 December 2021.

 






Announcement Info

Company Name COMPLETE LOGISTIC SERVICES BERHAD
Stock Name COMPLET
Date Announced 02 Dec 2021
Category General Announcement for PLC
Reference Number GA1-02122021-00019