TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
|Subject||TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
HOVID BERHAD ("HOVID") CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY FAJAR ASTORIA SDN. BHD. AND HO SUE SAN @ DAVID HO SUE SAN (COLLECTIVELY, THE "JOINT OFFERORS") THROUGH CIMB INVESTMENT BANK BERHAD ("CIMB") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES AND WARRANTS OF HOVID NOT ALREADY HELD BY THE JOINT OFFERORS FOR A CASH OFFER PRICE OF RM0.38 PER OFFER SHARE AND RM0.20 PER OFFER WARRANT ("OFFER")
We refer our announcement dated 9 October 2017 in relation to the notice of conditional take-over by the Joint Offerors dated 9 October 2017.
Pursuant to Paragraph 19.04 of the Rules of Take-overs, Mergers and Compulsory Acquisitions, 2016, Hovid wishes to inform that CIMB Group has dealt in the securities of Hovid.
Please refer to the attachment for further details.
This announcement is dated 17 October 2017.
Please refer attachment below.
|Company Name||HOVID BERHAD|
|Date Announced||17 Oct 2017|
|Category||General Announcement for PLC|