Saturday, 17 August 2019

PRESS RELEASE - DISCLOSURE OF DEALINGS (TASEK CORP BHD)


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 REVISED CASH CONSIDERATION OF RM5.80 PER OFFER ORDINARY SHARE AND RM5.80 PER OFFER PREFERENCE SHARE ("OFFER PRICE") ("REVISED OFFER")

DISCLOSURE OF DEALINGS IN ACCORDANCE WITH RULE 19 OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS 2016 ("RULES")

KUALA LUMPUR, Aug 15 (Bernama) --
 We refer to the annoucement dated 28 May 2019 by Tasek on the unconditional voluntary take-over offer by the Joint Offerors.

Pursuant to Rule 19.04 (1) of the Rules, we wish to inform that HL Cement (Malaysia) Sdn Bhd and/or Ridge Star Limited and its persons acting in concert as well as other parties associated to the Joint Offerors has dealt in the securities of Tasek, details of which are as follows:  
 
DateNameDescription of TransactionDescription of Security Quantity Price (RM) 
15 August 2019 Ridge Star Limited Buy Ordinary Shares1,0005.7900
15 August 2019 Ridge Star Limited Buy Ordinary Shares 18,1005.8000

Please click here to view the Full Release
http://mrem.bernama.com/pdf/Tasek%20Corp%20Bhd%20-%20Press%20Release%20(15%20Aug%2019).pdf
 
SOURCE : CIMB GROUP

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