OTHERS TANAH MAKMUR BERHAD ("TANAH MAKMUR" OR THE "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 (ACT) ("PROPOSED SCR")
| TANAH MAKMUR BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | TANAH MAKMUR BERHAD ("TANAH MAKMUR" OR THE "COMPANY")
PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 (ACT) ("PROPOSED SCR") |
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We refer to the announcements dated 25 April 2016, 28 April 2016, 31 May 2016, 1 June 2016, 29 June 2016 and 24 October 2016 in relation to the Proposed SCR to be undertaken by Tanah Makmur (“Announcements”). Unless otherwise defined, the terms used herein shall have the same meanings as those defined in the Announcements. On behalf of the Board, CIMB Investment Bank Berhad wishes to announce that the Board, has today, received a letter from KDYTM Tengku Abdullah to revise the SCR Consideration Price for the Proposed SCR from RM1.80 to RM1.90 for each existing Tanah Makmur Share (“Revised SCR Consideration Price”) held by the Entitled Shareholders (“Revised SCR Offer Letter”). Save for the Revised SCR Consideration Price, all other material terms and conditions to the Proposed SCR remain the same. A copy of the Revised SCR Offer Letter is enclosed herewith.
This announcement is dated 25 October 2016. |
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Please refer attachment below.
Announcement Info
| Company Name | TANAH MAKMUR BERHAD |
| Stock Name | TMAKMUR |
| Date Announced | 25 Oct 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-25102016-00069 |