| Type | Announcement |
| Subject | TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) |
| Description |
MALAYSIA AICA BERHAD (“MAICA” OR THE “COMPANY”)
|
|
The Board of Directors of Maica (“Board”) wishes to announce that it had this evening, received a notice of unconditional take-over offer (“Notice”) from RHB Investment Bank Berhad and Astramina Advisory Sdn Bhd, on behalf of the Offeror, to acquire all the Maica Shares for a cash consideration of RM0.85 per Offer Share.
The Board would deliberate on the Notice and make the necessary announcements pursuant to Section 11(11) of the Malaysian Code on Take-Overs and Mergers, 2010 on a later date. The Board will appoint an independent adviser to advise the independent directors and non-interested shareholders of Maica, amongst others, on the merits of the Offer in due course. A copy of the Notice is attached herewith and will be posted to the shareholders of Maica within seven (7) days from the date of this Notice. This announcement is dated 22 January 2014. |
|
| Company Name | MALAYSIA AICA BERHAD |
| Stock Name | MAICA |
| Date Announced | 22 Jan 2014 |
| Category | General Announcement |
| Reference No | CQ-140122-68363 |
Attachments