Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Ingress Corporation Bhd : TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) RECEIPT OF NOTICE OF CONDITIONAL TAKE-OVER OFFER FROM RAMDAWI SDN BHD, DATUK RAMELI BIN MUSA AND DATO' DR. AB WAHAB BIN ISMAIL (COLLECTIVELY REFERRED TO AS THE "JOINT OFFERORS") THROUGH MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB")

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/16/2013 | 01:25pm CEST
The Board of Directors of Ingress ("Board") wishes to announce that the Company has on 16 April 2013 received a notice of the conditional take-over offer from the Joint Offerors through Maybank IB to acquire all the remaining ordinary shares of RM1.00 each in Ingress not already owned by the Joint Offerors ("Offer Shares") for a cash offer price of RM1.85 per Offer Share ("Offer").

In accordance with the Malaysian Code on Take-Overs and Mergers, 2010, the Board will appoint an Independent Adviser to advise the Independent Directors and the holders of the Offer Shares on the reasonableness of the Offer. The announcement of the appointment of the Independent Adviser will be made in due course.

The notice will be posted to the holders of the Offer Shares within seven (7) days of its receipt and a copy is enclosed herewith.

This announcement is dated 16 April 2013.
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
06:08a BOJ cuts CPI forecast in quarterly report
06:07a APO ASIAN PRODUCTIVITY ORGANIZATION : and CTA sign agreement to train Medellín productivity practitioners
06:07aDJAUSTRALIA AND NEW ZEALAND BANKING : ANZ Considers Sale of Share Trading Platform
06:06a HK's developer China Resources Land to focus on key cities
06:06a China Aviation Oil net profit soars 48.6% in H1
06:06a BOJ eases policy, expands ETF buying
06:05a EXXON MOBIL : ExxonMobil to Expand Ultra-Low Sulfur Fuels Production at Beaumont Refinery
06:05a OIL & NATURAL GAS : ONGC crude oil output rises 4% in first quarter
06:05a AVANGRID : Construction begins on new substation in South China, Maine
06:05a IDENTA : Appoints New CEO
Latest news
Advertisement
Hot News 
0.24%Oil in Bear Market; U.S. Rig Count and BOJ Decision in Focus
Most Read News
07/28 FERRAGOSTO : a sustainable event
07/28 Ford calls an end to U.S. auto boom, rivals bet other way
07/28 Microsoft to cut 2,850 more jobs
Most recommended articles
07/28DJMETRO PACIFIC INVESTMENTS : Acquires Philippine Hospital Stake for PHP993.4 Million
07/28DJOil in Bear Market; U.S. Rig Count and BOJ Decision in Focus
07/28 EXCLUSIVE : New York Fed asks Philippines to recover Bangladesh money
07/28DJAsian Markets Cautious Ahead of BOJ Policy Decision
07/28 WARREN BUFFETT : Forbes