Type | Announcement |
Subject | TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A)) |
Description |
MBM RESOURCES BERHAD ("MBMR") - NOTIFICATION BY SUBSTANTIAL SHAREHOLDERS OF A RECEIPT OF AN OFFER TO ACQUIRE THEIR ENTIRE EQUITY INTEREST HELD IN MBMR |
The Board of MBMR has been notified by Med-Bumikar Mara Sdn Bhd (“Med-Bumikar”) and Central Shore Sdn Bhd (“Central Shore”), a wholly owned subsidiary of Med Bumikar (collectively referred to as “Substantial Shareholders”), that they have received a letter of offer dated 7 March 2018 from UMW Holdings Berhad (“Purchaser”) proposing to acquire: (i) 193,504,349 ordinary shares in the Company (“MBMR Shares”), representing 49.5% of the issued share capital of MBMR held by Med Bumikar; and (ii) 2,213,402 MBMR Shares, representing 0.57% of the issued share capital of MBMR held by Central Shore for a total cash purchase consideration of RM501,037,443, equivalent to RM2.56 per MBMR Share (“Proposed Acquisition”). Kindly refer to the attachment for further details. This announcement is dated 9 March 2018.
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Please refer attachment below.
Company Name | MBM RESOURCES BHD |
Stock Name | MBMR |
Date Announced | 09 Mar 2018 |
Category | General Announcement for PLC |
Reference Number | GA1-08032018-00044 |
Attachments