ANNOUNCEMENTS

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

Sep 12, 2017

WILLOWGLEN MSC BERHAD


Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description
WILLOWGLEN MSC BERHAD ("WILLOWGLEN" OR "THE COMPANY")

RECEIPT OF NOTICE OF UNCONDITIONAL MANDATORY TAKE-OVER OFFER FROM RHB INVESTMENT BANK BERHAD ON BEHALF OF NEW ADVENT SDN BHD ("NEW ADVENT")

The Board of Directors of Willowglen (“Board”) wishes to announce that Willowglen has on 12 September 2017 received a notice of unconditional mandatory take-over offer (“Notice”) from RHB Investment Bank Berhad on behalf of New Advent (“Offeror”) to acquire all the remaining ordinary shares in Willowglen not already held by the Offeror and its persons acting in concert, amounting to 109,500,093 ordinary shares in Willowglen (“Offer Share(s)”), representing approximately 45.0% of the total number of issued shares in Willowglen (excluding 4,673,400 treasury shares), at a cash offer price of RM0.80 per Offer Share.

A copy of the Notice is attached herewith and will be posted to the holders of the Offer Shares within 7 days from the date of this announcement.

This announcement is dated 12 September 2017.



Please refer attachment below.



Announcement Info

Company Name WILLOWGLEN MSC BERHAD
Stock Name WILLOW
Date Announced 12 Sep 2017
Category General Announcement for PLC
Reference Number GA1-12092017-00022

 

 
Willowglen (Malaysia) Sdn. Bhd. (Company No. 351570-A). No 17, Jalan 2/149B, Taman Sri Endah, Bandar Baru Sri Petaling, 57000, Kuala Lumpur, Malaysia.
Tel: (603) 90571228 Fax: (603) 90571218

© 2013 Willowglen MSC Berhad (Company No. 462648-V). All Rights Reserved