MEDIA PRIMA BERHAD (“MPB” OR “COMPANY”) PROPOSED ACQUISITION BY MPB OF UP TO 50,000,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING THE ENTIRE EQUITY INTEREST IN CH-9 MEDIA SDN BHD FOR AN AGGREGATE CASH CONSIDERATION OF UP TO APPROXIMATELY RM41.440 MILLION (“PROPOSED ACQUISITION”)

MEDIA PRIMA BERHAD

Type

Announcement
SubjectMEDIA PRIMA BERHAD (“MPB” OR “COMPANY”)

PROPOSED ACQUISITION BY MPB OF UP TO 50,000,000 ORDINARY SHARES OF RM1.00 EACH REPRESENTING THE ENTIRE EQUITY INTEREST IN CH-9 MEDIA SDN BHD FOR AN AGGREGATE CASH CONSIDERATION OF UP TO APPROXIMATELY RM41.440 MILLION (“PROPOSED ACQUISITION”)

Contents :

We refer to the announcement dated 10 June 2005 in relation to the Proposed Acquisition (“Earlier Announcement”).


Commerce International Merchant Bankers Berhad, on behalf of the Board of Directors of MPB, is pleased to announce that on 18 August 2005, the Company received a letter dated 10 August 2005 from the Foreign Investment Committee (“FIC”) stating that the FIC has no objection to the Proposed SSA Acquisition (as defined in the Earlier Announcement”).


This announcement is dated 18 August 2005.



Announcement Info

Company NameMEDIA PRIMA BERHAD  
Stock Name MEDIA    
Date Announced18 Aug 2005  
CategoryGeneral Announcement
Reference NoMM-050818-57591