BJRTAIL

(%)

Circular/Notice to Shareholders

BERJAYA RETAIL BERHAD

SubjectINDEPENDENT ADVICE CIRCULAR TO THE ORDINARY SHAREHOLDERS AND IRREDEEMABLE CONVERTIBLE PREFERENCE SHAREHOLDERS IN RELATION TO THE UNCONDITIONAL TAKE-OVER OFFER BY PREMIER MERCHANDISE SDN BHD (“OFFEROR”) THROUGH MAYBANK INVESTMENT BANK BERHAD TO ACQUIRE:

(I) ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN BERJAYA RETAIL BERHAD (“B-RETAIL”) (“B-RETAIL SHARES”) NOT ALREADY HELD BY THE OFFEROR AND SUCH NUMBER OF NEW B-RETAIL SHARES THAT MAY BE ISSUED AND ALLOTTED BY B-RETAIL PRIOR TO THE CLOSE OF THE OFFER PURSUANT TO THE CONVERSION OF THE IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.50 EACH IN B-RETAIL (“B-RETAIL ICPS”) (COLLECTIVELY REFERRED TO AS “OFFER SHARES”) FOR A CASH OFFER PRICE OF RM0.65 PER OFFER SHARE; AND

(II) ALL THE REMAINING B-RETAIL ICPS NOT ALREADY HELD BY THE OFFEROR THAT HAVE NOT BEEN CONVERTED INTO NEW B-RETAIL SHARES ON OR PRIOR TO THE CLOSE OF THE OFFER (“OFFER ICPS”) FOR A CASH OFFER PRICE OF RM0.65 PER OFFER ICPS.


Announcement Info

Company NameBERJAYA RETAIL BERHAD  
Stock Name BJRTAIL    
Date Announced11 Apr 2011  
CategoryPDF Submission
Reference NoBR-110411-42332