SAMUDRA

0.415

(%)

Circular/Notice to Shareholders

KEJURUTERAAN SAMUDRA TIMUR BERHAD

Subject

CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY RHB INVESTMENT BANK BERHAD ON BEHALF OF TRANCE REX SDN BHD, DATO' CHEE PECK KIAT @ CHEE PECK JAN, DARMENDRAN A/L KUNARETNAM AND CHEE CHENG CHUN (COLLECTIVELY REFERRED TO AS THE "JOINT OFFERORS") TO ACQUIRE THE FOLLOWING:-

I. ALL THE REMAINING ORDINARY SHARES OF RM0.30 EACH IN KEJURUTERAAN SAMUDRA TIMUR BERHAD ("KSTB") ("KSTB SHARES") NOT ALREADY HELD BY THE JOINT OFFERORS;

II. ALL THE OUTSTANDING WARRANTS 2013/ 2018 IN KSTB ("WARRANTS") NOT ALREADY HELD BY THE JOINT OFFERORS; AND

III. ALL THE NEW KSTB SHARES THAT MAY BE ISSUED PRIOR TO THE CLOSING DATE OF THE OFFER ARISING FROM THE EXERCISE OF THE OUTSTANDING WARRANTS,

AT A CASH CONSIDERATION OF RM0.48 PER KSTB SHARE AND RM0.18 PER WARRANT, RESPECTIVELY ("OFFER")

Attachments

Trance Rex Offer Doc PDF.pdf
1357 KB



Announcement Info

Company NameKEJURUTERAAN SAMUDRA TIMUR BERHAD  
Stock Name SAMUDRA    
Date Announced13 Apr 2015  
CategoryPDF Submission
Reference NoCS-150413-61512