MENU

BURSA ANNOUNCEMENTS

Date : 30 November 2020

OTHERS TALIWORKS CORPORATION BERHAD - PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN SUNEDISON SOLAR HOLDINGS 1 PTE LTD, SUNEDISON SOLAR HOLDINGS 2 PTE LTD, SUNEDISON SOLAR HOLDINGS 3 PTE LTD AND TERRAFORM GLOBAL OPERATING (MALAYSIA) SDN BHD BY TALIWORKS RENEWABLES SDN BHD, FROM EM HOLDINGS 1, LLC, EM HOLDINGS 2, LLC, EM HOLDINGS 3, LLC AND TERRAFORM GLOBAL PALMARES HOLDING B.V. RESPECTIVELY, ALL OF WHICH ARE INDIRECT WHOLLY-OWNED SUBSIDIARIES OF TERRAFORM GLOBAL OPERATING LP

TALIWORKS CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
TALIWORKS CORPORATION BERHAD - PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN SUNEDISON SOLAR HOLDINGS 1 PTE LTD, SUNEDISON SOLAR HOLDINGS 2 PTE LTD, SUNEDISON SOLAR HOLDINGS 3 PTE LTD AND TERRAFORM GLOBAL OPERATING (MALAYSIA) SDN BHD BY TALIWORKS RENEWABLES SDN BHD, FROM EM HOLDINGS 1, LLC, EM HOLDINGS 2, LLC, EM HOLDINGS 3, LLC AND TERRAFORM GLOBAL PALMARES HOLDING B.V. RESPECTIVELY, ALL OF WHICH ARE INDIRECT WHOLLY-OWNED SUBSIDIARIES OF TERRAFORM GLOBAL OPERATING LP

Taliworks Corporation Berhad wishes to announce that Taliworks Renewables Sdn Bhd (“TRSB”) has on 30 November 2020 entered into a conditional share sale and purchase agreement ("SPA") with EM Holdings 1, LLC (“EMH1”), EM Holdings 2, LLC (“EMH2”), EM Holdings 3, LLC (“EMH3”) and Terraform Global Palmares Holding B.V. (“TGPH”)  (collectively, referred to as "Sellers") and TerraForm Global Operating LP (“TerraForm Global”) (referred to as "Sellers' warrantor") in respect of the proposed acquisition of the entire equity interest in Sunedison Solar Holdings 1 Pte Ltd (“SE1”), Sunedison Solar Holdings 2 Pte Ltd (“SE2”), Sunedison Solar Holdings 3 Pte Ltd (“SE3”) and Terraform Global Operating (Malaysia) Sdn Bhd (“TGOM”) by TRSB, from EMH1, EMH2, EMH3 and TGPH respectively, all of which are indirect wholly-owned subsidiaries of TerraForm Global (“Proposed Acquisition”), following a competitive sale process carried out by TerraForm Global.

 

The details of the Proposed Acquisition are set out in full in the attached file.

This announcement is dated 30 November 2020.

 

 




Please refer attachment below.



Announcement Info

Company Name TALIWORKS CORPORATION BERHAD
Stock Name TALIWRK
Date Announced 30 Nov 2020
Category General Announcement for PLC
Reference Number GA1-26112020-00022



Back