HEXTECH

1.150

-0.01 (-0.9%)

Conditional Voluntary Take-over Offer


Acceptance Condition (%)
Description
CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY HEXTAR TECH SDN BHD (FORMERLY KNOWN AS GET ASIA GROUP SDN BHD)("OFFEROR") AND DATO' ONG CHOO MENG ("ULTIMATE OFFEROR") THROUGH M&A SECURITIES SDN BHD TO ACQUIRE:
(I)	ALL THE REMAINING ORDINARY SHARES IN COMPLETE LOGISTIC SERVICES BERHAD ("SHARES") NOT ALREADY OWNED BY THE OFFEROR AND ULTIMATE OFFEROR; AND
(II)	SUCH NUMBER OF NEW SHARES THAT MAY BE ISSUED AND ALLOTTED BEFORE THE CLOSE OF THE OFFER, ARISING FROM THE EXERCISE OF OUTSTANDING OPTIONS UNDER THE SHARE ISSUANCE SCHEME OF COMPLETE LOGISTIC SERVICES BERHAD,
FOR A CASH CONSIDERATION OF RM2.50 PER SHARE ("OFFER")
Despatch Date
Acceptance Period 21 Dec 2021 to 11 Jan 2022
Closing Date 11 Jan 2022
Closing Time 5:00 PM

Name of Offeror(s)

Offeror Listed on Bursa Malaysia
Hextar Tech Sdn Bhd
No
Dato' Ong Choo Meng
No

Offer by Offeror(s) Cash
Cash
Offer Price Per Unit Malaysian Ringgit (MYR) 2.5000

Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,

No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222

Please refer attachment below.



Announcement Info

Company Name COMPLETE LOGISTIC SERVICES BERHAD
Stock Name COMPLET
Date Announced 21 Dec 2021
Category Take-over Offer
Reference Number TEN-21122021-00001
Corporate Action ID MY211221TEND0001