MBRIGHT-WB

0.060

+0.005 (+9.1%)

Circular/Notice to Shareholders

META BRIGHT GROUP BERHAD

Subject NOTICE TO SHAREHOLDERS AND WARRANT HOLDERS OF META BRIGHT GROUP BERHAD IN RELATION TO THE UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY LEADING VENTURES SDN. BHD. THROUGH MALACCA SECURITIES SDN. BHD. TO ACQUIRE: (I) ALL THE REMAINING ORDINARY SHARES IN META BRIGHT GROUP BERHAD (FORMERLY KNOWN AS EASTLAND EQUITY BHD.) ("MBGB") ("MBGB SHARES") NOT ALREADY OWNED BY DATO LEE WAI MUN ("ULTIMATE OFFEROR"), OFFEROR AND PERSONS ACTING IN CONCERT ("PACS") WITH THE ULTIMATE OFFEROR AND OFFEROR, AS WELL AS SUCH NUMBER OF NEW MBGB SHARES THAT MAY BE ISSUED AND ALLOTTED PRIOR TO THE CLOSING DATE OF THE OFFER ARISING FROM THE EXERCISE OF THE OUTSTANDING WARRANTS 2022/2032 ("WARRANTS") ("OFFER SHARE(S)") FOR A CASH CONSIDERATION OF RM0.070 PER OFFER SHARE; AND (II) ALL THE REMAINING WARRANTS WHICH ARE NOT ALREADY OWNED BY THE ULTIMATE OFFEROR, OFFEROR AND PACS ("OFFER WARRANT(S)") FOR A CASH CONSIDERATION OF RM0.005 PER OFFER WARRANT (COLLECTIVELY REFERRED TO AS THE "OFFER") (THE OFFER SHARES AND OFFER WARRANTS SHALL BE REFERRED TO AS THE "OFFER SECURITIES")


Please refer attachment below.



Announcement Info

Company Name META BRIGHT GROUP BERHAD
Stock Name MBRIGHT-WB
Date Announced 11 Oct 2022
Category Document Submission
Reference Number DCS-11102022-00007