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Take-overs & Mergers (Paragraph/Rule 9.19 (47A))

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description IDEAL JACOBS (MALAYSIA) CORPORATION BHD ("IDEAL JACOBS" OR "COMPANY") RECEIPT OF NOTICE OF UNCONDITIONAL MANDATORY TAKE-OVER OFFER FROM KENANGA INVESTMENT BANK BERHAD ON BEHALF OF WIDAD BUSINESS GROUP SDN BHD ("WBGSB" OR "OFFEROR")

The Board of Directors of Ideal Jacobs (“Board”) wishes to announce that the Board has, today, received a notice of unconditional mandatory take-over offer (“Notice”) from Kenanga Investment Bank Berhad on the Offeror’s behalf to acquire all the remaining ordinary shares in Ideal Jacobs that are not already held by the Offeror and Joint Ultimate Offerors (“Offer Shares”) at a cash offer price of RM0.23 per Offer Share.

A copy of the Notice is attached. The Notice will be posted to holders of the Offer Shares within 7 days from the date of this announcement.

This announcement is dated 12 February 2018.

Please refer attachment below.


Announcement Info

Company Name IDEAL JACOBS (MALAYSIA) CORPORATION BHD
Stock Name IJACOBS
Date Announced 12 Feb 2018
Category General Announcement for PLC
Reference Number GA1-07022018-00067

Attachments

  1. Notice.pdf (Size: 741,736 bytes)

Contact

Level 11, Widad Semantan, No. 3 Jalan Semantan, Damansara Heights, 50490 Kuala Lumpur
info@widadbuilders.com
+603 2093 1011
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