HOVID

0.380

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

HOVID BERHAD

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description
HOVID BERHAD ("HOVID")

VOLUNTARY TAKE-OVER OFFER BY FAJAR ASTORIA SDN BHD AND HO SUE SAN @ DAVID HO SUE SAN (COLLECTIVELY, THE "JOINT OFFERORS") THROUGH CIMB INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN HOVID EXCLUDING TREASURY SHARES) (OFFER SHARES) NOT ALREADY HELD BY THE JOINT OFFERORS FOR A CASH OFFER PRICE OF RM0.38 PER OFFER SHARE (OFFER)

-	CLOSING OF OFFER

Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as defined in the press notice dated 8 January 2019 (“Press Notice”), as attached herein.

 

We refer to the announcements dated 14 September 2018, 5 October 2018, 15 October 2018, 27 November 2018, 3 December 2018 and 17 December 2018 in relation to the Offer.

 

We wish to announce that Hovid has received the Press Notice from CIMB Investment Bank Berhad, on behalf of the Joint Offerors, informing that the Offer has closed at 5.00 p.m. (Malaysian time) on 8 January 2019 (“Final Closing Date”).

 

In accordance with Paragraph 13.01 of the Rules, the detailed disclosure on the level of acceptances of the Offer on the Final Closing Date is set out in the attached Press Notice.

 

This announcement is dated 8 January 2019.

 




Please refer attachment below.



Announcement Info

Company Name HOVID BERHAD
Stock Name HOVID
Date Announced 08 Jan 2019
Category General Announcement for PLC
Reference Number GA1-08012019-00080