KUALA LUMPUR, May 28 (Bernama) — We refer to the above and wish to announce that the Joint Offerors have served a formal notice in relation to the Offer (“Notice“) to the Board of Directors of Tasek today. A copy of the Notice is attached for your information in accordance with the Securities Commission Malaysia’s Rules on Take-Overs, Mergers and Compulsory Acquisitions.
The Notice relates to the Joint Offerors’ intention to undertake an unconditional voluntary take-over offer to acquire all the remaining 23,255,888 Offer Ordinary Shares and 123,950 Offer Preference Shares, representing approximately 19.20% of the total 121,142,931 ordinary shares issued and 37.00% of the total 335,000 preference shares issued as at 28 May 2019 at the Offer Price.