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
06:49a VALUETRONICS : Issue of New Shares pursuant to exercise of options under Valuetronics Employee Share Option Scheme
06:49a ALTEC : Spare parts for washing machines ALTEC insulators
06:49a TATA MOTORS : delivers 241 new buses to KSRTC...
06:48a Samsung, Tencent surge in race to become Asia's most valuable firm
06:48a SUBARU : PURCHASE OF RADIO COMMUNICATION SYSTEM OF trunked
06:46a Rio Tinto's ERA builds cash for Ranger mine clean-up
06:44a SKYOCEAN INTERNATIONAL : Announcements and Notices - Major Transaction - Disposa...
06:43a Realization of a regulator station steam / water vapor and of a trigger line to the central laundries Service
06:42a GRODNO : potato purchasing, cabbage harvest
06:41a GRODNO : Food
Latest news
Advertisement
Hot News 
-0.48%Crude Oil Prices Weigh Conflicting Cues Before OPEC Meeting
-0.10%US Dollar May Rise Amid Pre-Positioning for Yellen Speech
Most Read News
08/23 SOLARCITY : Tesla touts speed and driving range with new upgraded battery
12:48a Samsung, Tencent surge in race to become Asia's most valuable firm
08/23 VOLKSWAGEN : Lamborghini sees worldwide sales doubling by 2019 after SUV launch
08/23 BLACKMORES LIMITED (ASX : BKL) Annual Report 2016 to Shareholders
08/23 WESTFIELD : Appendix 4D and Half Year Financial Report
Most recommended articles
12:48a Samsung, Tencent surge in race to become Asia's most valuable firm
12:46a Rio Tinto's ERA builds cash for Ranger mine clean-up
12:40aDJCOSCO PACIFIC : Shipping Ports First-Half Net Profit Down 8.1% at US$171.9 Million
12:20a US Dollar May Rise Amid Pre-Positioning for Yellen Speech
12:05aDJHONG KONG EXCHANGES AND CLEARING : China's Postal Savings Bank Close to Securing $2 Billion Cornerstone Investment for IPO