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HELP
(%)
DELISTING OF SECURITIES
HELP INTERNATIONAL CORPORATION BERHAD
Type
Announcement
Subject
DELISTING OF SECURITIES
Description
HELP INTERNATIONAL CORPORATION BERHAD (“HIC” OR THE “COMPANY”) - THE APPLICATION FOR THE PROPOSED DE-LISTING OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF HIC AND THE PROPOSED WITHDRAWAL OF HIC FROM THE OFFICIAL LIST OF THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") PURSUANT TO THE COMPLETION OF THE TAKE-OVER OFFER BY RHB INVESTMENT BANK BERHAD ON BEHALF OF BETTER EDUCATION ENTERPRISE SDN. BHD. ("THE OFFEROR") TO ACQUIRE ALL THE ORDINARY SHARES OF RM0.50 EACH IN HIC ("OFFER SHARES") FOR A CASH OFFER PRICE OF RM2.53 PER OFFER SHARE ("OFFER") ("PROPOSED WITHDRAWAL")
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.
The Board of Directors of HIC (“
Board
”) wishes to announce that, consequent to the Offer, the Offeror holds
more than 90%
of the listed shares in HIC as a result of the Offer as at the closing date on Monday, 20 January 2014 and in view that the
Offeror has no intention to maintain the listing status of HIC
, the Company had on today submitted the Application for the Proposed Withdrawal to Bursa Securities
in accordance with Paragraphs 16.07 and 16.08 of the Main Market Listing Requirements of Bursa Securities.
This announcement is dated 24 January 2014.
Announcement Info
Company Name
HELP INTERNATIONAL CORPORATION BERHAD
Stock Name
HELP
Date Announced
24 Jan 2014
Category
General Announcement
Reference No
CS-140124-2D0DF
View original announcement