Circular/Notice to Shareholders
| PUBLIC BANK BERHAD |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ACQUISITION BY PUBLIC BANK BERHAD ("PBB") OF 175,896,000 ORDINARY SHARES IN LPI CAPITAL BHD ("LPI") ("LPI SHARE(S)"), REPRESENTING 44.15% EQUITY INTEREST IN LPI FROM THE ESTATE OF THE LATE TAN SRI DATO SRI DR. TEH HONG PIOW AND CONSOLIDATED TEH HOLDINGS SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM1.72 BILLION ("PROPOSED ACQUISITION") AND THE RESULTANT PROPOSED MANDATORY GENERAL OFFER ("MGO") TO ACQUIRE ALL THE REMAINING LPI SHARES NOT ALREADY HELD BY PBB AFTER THE PROPOSED ACQUISITION ("PROPOSED MGO") (COLLECTIVELY REFERRED TO AS "PROPOSALS") |
Please refer attachment below.
Announcement Info
| Company Name | PUBLIC BANK BERHAD |
| Stock Name | PBBANK |
| Date Announced | 13 Nov 2024 |
| Category | Document Submission |
| Reference Number | DCS-12112024-00019 |