Bursa Announcements

Take-Overs & Mergers (Chapter 11 Of Listing Requirements)

BackSep 06, 2012
Type Announcement
Subject TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
Description BONIA CORPORATION BERHAD (“BONIA” OR THE “COMPANY”)

UNCONDITIONAL TAKE-OVER OFFER BY AMINVESTMENT BANK BERHAD, ON BEHALF OF THE FREEWAY TEAM SDN BHD, CHIANG SANG SEM AND CHIANG FONG YEE (COLLECTIVELY REFERRED TO AS “JOINT OFFERORS”), TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN BONIA (“BONIA SHARE”) NOT ALREADY HELD BY THE JOINT OFFERORS AND PERSONS ACTING IN CONCERT WITH THEM (“OFFER SHARES”), FOR A CASH CONSIDERATION OF RM2.04 PER BONIA SHARE (“OFFER”)

We refer to the announcements dated 28 August 2012 and 29 August 2012 respectively (“Announcements”) in relation to the receipt of the notice and supplemental notice of the unconditional take-over offer.

Unless otherwise stated, defined terms used in this announcement shall carry the same meanings as defined in the Announcements.

The Board of Directors of Bonia (“Board”) wishes to announce that TA Securities Holdings Berhad has been appointed as the Independent Adviser for the Offer to advise the non-interested Directors and the non-interested shareholders of Bonia on the fairness and reasonableness of the Offer pursuant to Section 15(1) of the Malaysian Code on Take-Overs and Mergers 2010.

This announcement is dated 6 September 2012.

 


Announcement Info

Company Name BONIA CORPORATION BERHAD  
Stock Name BONIA    
Date Announced 6 Sept 2012  
Category General Announcement
Reference No BC-120906-50304