IOI PROPERTIES BERHAD (“IOI PROP” OR THE "COMPANY”) Voluntary take-over offer by IOI Corporation Berhad (“IOI Corp”) to acquire all 199,727,505 ordinary shares of RM0.50 each in IOI Prop (“IOI Prop Share(s)”) not already owned by IOI Corp and all the new IOI Prop Shares that may be issued prior to the closing of the offer arising from the exercise of outstanding options granted pursuant to IOI Prop’s Executive Share Option Scheme (“Offer”) Notice pursuant to Section 34A of the Securities Commission Act 1993

IOI PROPERTIES BERHAD

TypeAnnouncement
SubjectIOI PROPERTIES BERHAD (“IOI PROP” OR THE "COMPANY”)

Voluntary take-over offer by IOI Corporation Berhad (“IOI Corp”) to acquire all 199,727,505 ordinary shares of RM0.50 each in IOI Prop (“IOI Prop Share(s)”) not already owned by IOI Corp and all the new IOI Prop Shares that may be issued prior to the closing of the offer arising from the exercise of outstanding options granted pursuant to IOI Prop’s Executive Share Option Scheme (“Offer”)

Notice pursuant to Section 34A of the Securities Commission Act 1993

Contents
IOI Prop has been notified by IOI Corp today that pursuant to Section 34A of the Securities Commission Act 1993, IOI Corp has dispatched to the holders of the Offer Shares (as defined in the offer document dated 24 February 2009) who have not accepted the Offer, a notice in the manner prescribed under the Malaysian Code on Take–overs and Mergers 1998 (“Notice”).

Holders of the Offer Shares who have not accepted the Offer, may, within three (3) months from the date of the Notice, serve a notice to IOI Corp to require IOI Corp to acquire his/her IOI Prop Shares.


This announcement is dated 13 April 2009.


Announcement Info

Company NameIOI PROPERTIES BERHAD  
Stock Name IOIPROP    
Date Announced13 Apr 2009  
CategoryGeneral Announcement
Reference NoIP-090413-03E9B