HELP

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TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) HELP INTERNATIONAL CORPORATION BERHAD (“HIC” OR THE “COMPANY”) - UNCONDITIONAL TAKE-OVER OFFER BY BETTER EDUCATION ENTERPRISE SDN BHD (“BEE” OR THE “OFFEROR”) TO ACQUIRE ALL THE ORDINARY SHARES OF RM0.50 EACH IN HIC (“HIC SHARES” OR “OFFER SHARES”) FOR A CASH OFFER PRICE OF RM2.53 PER OFFER SHARE (“OFFER”)

HELP INTERNATIONAL CORPORATION BERHAD

Type	Announcement
Subject	TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
Description	HELP INTERNATIONAL CORPORATION BERHAD (“HIC” OR THE “COMPANY”) - UNCONDITIONAL TAKE-OVER OFFER BY BETTER EDUCATION ENTERPRISE SDN BHD (“BEE” OR THE “OFFEROR”) TO ACQUIRE ALL THE ORDINARY SHARES OF RM0.50 EACH IN HIC (“HIC SHARES” OR “OFFER SHARES”) FOR A CASH OFFER PRICE OF RM2.53 PER OFFER SHARE (“OFFER”)
Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as defined in the document setting out the details, terms and conditions of the Offer dated 26 December 2013 (“Offer Document”). We refer to our announcements dated 5 December 2013, 26 December 2013, 6 January 2014, 9 January 2014, 10 January 2014 and 20 January 2014 in relation to the Offer. HIC wishes to announce that the Company has on 7 February 2014 received the attached notice from RHB Investment Bank, on behalf of the Offeror, notifying that pursuant to Section 222 of the CMSA (“Notice”), the Offeror’s desire to acquire compulsorily the remaining Offer Shares held by the dissenting shareholders. Subject to the terms of the CMSA, the Offeror shall be registered as the holder of all the remaining Offer Shares not already owned by the Offeror: (i) after the expiration of one (1) month from the date of the Notice; or (ii) if applicable, fourteen (14) days from the date the statement of the names and addresses of all other dissenting shareholders, as shown in the register of members, is posted to the dissenting shareholder, upon his/her request; whichever is later. As set out in the Offer Document, all the dissenting shareholders of these Offer Shares will be paid in cash for the Offer Shares to be compulsorily acquired. The consideration for the Offer Shares acquired will be equivalent to the cash offer price of RM2.53 for each Offer Share and the compulsory acquisition will be on the same terms as set out in the Offer Document. This announcement is dated 7 February 2014.

Attachments

BEE - Notice to Dissenting Shareholders.pdf
485 KB

Announcement Info

Company Name	HELP INTERNATIONAL CORPORATION BERHAD
Stock Name	HELP
Date Announced	7 Feb 2014
Category	General Announcement
Reference No	CS-140207-2C63E

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