Tuesday 18 June 2019

PRESS RELEASE - DESPATCH OF OFFER DOCUMENT (HLCSB AND RSL)

HL CEMENT (MALAYSIA) SDN BHD AND RIDGE STAR LIMITED (COLLECTIVELY, THE "JOINT OFFERORS") 

UNCONDITIONAL VOLUNTARY TAKE-OVER OFFER BY THE JOINT OFFERORS THROUGH CIMB INVESTMENT BANK BERHAD ("CIMB") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES (EXCLUDING TREASURY SHARES) ("OFFER ORDINARY SHARES") AND ALL THE REMAINING PREFERENCE SHARES ("OFFER PREFERENCE SHARES") IN TASEK CORPORATION BERHAD ("TASEK") NOT ALREADY HELD BY THE JOINT OFFERORS FOR A CASH CONSIDERATION OF RM5.50 PER OFFER ORDINARY SHARE AND RM5.50 PER OFFER PREFERENCE SHARE ("OFFER PRICE") ("OFFER")

KUALA LUMPUR, June 18 (Bernama) -- We refer to the notice of the offer served on the Board of Directors of Tasek on 28 May 2019.

On behalf of the Joint Offerors, we wish to inform you that the offer document dated 18 June 2019 in relation to the Offer which sets out the details, terms and conditions of the Offer together with the forms of acceptance and transfer enclosed therein ("Offer Document"), has been despatched to the eligible holders of the Offer Ordinary Shares and Offer Preference Shares today.

The Offer is open for acceptances until 5.00 p.m. (Malaysian time) on 9 July 2019 ("First Closing Date"), unless the Offer is revised or extended in accordance with the Rules on Take-overs, Mergers and Compulsory Acquisitions, as the Joint Offerors may decide and as may be announced by us, on behalf of  the Joint Offerors, at least 2 days before the First Closing Date.

The Offer Document is made available on the website of Bursa Malaysia Securities Berhad at www.bursamalaysia.com. 

Please click here for the full press release

Source: CIMB Group

FOR MORE INFORMATION, PLEASE CONTACT: 

Name: Debbie Leong
Managing Director
Tel: 03-2261 0998
Email: debbie.leong@cimb.com

Name: Lim Yang Hoon
Director
Tel: 03-2261 0292
Email: yanghoon.lim@cimb.com

Name: Audrey Wong
Associate Director
Tel: 03-2261 0284
Email: audrey.wong@cimb.com

Name: Jonathan Lee
Associate
Tel: 03-2261 0368
Email: jonathanjr.lee@cimb.com

--BERNAMA

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