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

TA GLOBAL BERHAD

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description
TA GLOBAL BERHAD ("TAG" OR "THE COMPANY")
- VOLUNTARY TAKE-OVER OFFER FROM TA SECURITIES HOLDINGS BERHAD ON BEHALF OF TA ENTERPRISE BERHAD ("TAE" OR "OFFEROR") ("OFFER")

Unless otherwise stated, all definitions used in this announcement shall have the same meanings as defined in the announcements dated 12 February 2020, 24 February 2020, 28 February 2020, 2 April 2020, 10 April 2020, 6 May 2020, 2 June 2020 24 June 2020, 20 July 2020, 11 August 2020, 12 August 2020, 16 October 2020, 10 November 2020, 13 November 2020, 30 November 2020 and 14 December 2020.


The Board of TAG wishes to announce that the Company has received the attached press notice from TA Securities, acting on behalf of TAE, that the Offeror has, on 18 December 2020, despatched the notice given in accordance with Section 223(2) of the CMSA to the shareholders of TAG who did not accept the Offer (“Dissenting Shareholders”), informing them that they may exercise their rights under Section 223 of the CMSA to require the Offeror to acquire their TAG Shares on the same terms as set out in the Offer Document or such other terms as may be agreed between the Offeror and the Dissenting Shareholders or as the court may, on application made to it by any Dissenting Shareholder or by the Offeror, thinks fit under Section 224(3) of the CMSA.

 

Any Dissenting Shareholder may give notice to the Offeror requiring the Offeror to acquire their TAG Shares no later than 5.00 p.m. (Malaysian time) on 15 March 2021, being a date which is at least 3 months from the close of the Offer.

 

Please refer to the attachments for further details.

 

This announcement is dated 18 December 2020.




Please refer attachment below.



Announcement Info

Company Name TA GLOBAL BERHAD
Stock Name TAGB
Date Announced 18 Dec 2020
Category General Announcement for PLC
Reference Number GA1-18122020-00118