TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))

UNISEM (M) BERHAD

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description
Unisem (M) Berhad ("Unisem" or "the Company")  Appointment of Independent Adviser

(Unless otherwise stated, all abbreviations used herein shall have the same meaning as defined in the pre-conditional announcement dated 12 September 2018 in relation to the voluntary conditional take-over offer to be undertaken by Huatian Electronics Group (HK) Limited, Huatian Technology (Malaysia) Sdn Bhd, Mr John Chia Sin Tet, Mr Alexander Chia Jhet-Wern, Jayvest Holdings Sdn Bhd and SCQ Industries Sdn Bhd (formerly known as SCQ Industries Berhad) (collectively referred to as “Joint Offerors") to acquire all the issued shares in the Company, not already held by the Joint Offerors, in accordance with the Rules on Take-overs, Mergers and Compulsory Acquisitions ("Offer"))

We refer to the announcements dated 12 September 2018, 28 September 2018, 2 November 2018, 12 November 2018 and 15 November 2018 in relation to the Offer.

We wish to announce that the Board will appoint Public Investment Bank Berhad as the independent adviser (“Independent Adviser”) to advise the directors and all shareholders of the Company, on the fairness and reasonableness of the Offer, subject to the clearance of eligibility of the Independent Adviser by the Securities Commission Malaysia.

 

This announcement is dated 16 November 2018.






Announcement Info

Company Name UNISEM (M) BERHAD
Stock Name UNISEM
Date Announced 16 Nov 2018
Category General Announcement for PLC
Reference Number GA1-16112018-00052