MENU

BURSA ANNOUNCEMENTS

Date : 16 December 2021

OTHERS TALIWORKS CORPORATION BERHAD ("TCB" OR "COMPANY") - (i) PROPOSED ACQUISITION; AND (ii) PROPOSED ACQUISITION II (AS DEFINED BELOW)

TALIWORKS CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
TALIWORKS CORPORATION BERHAD ("TCB" OR "COMPANY") - (i) PROPOSED ACQUISITION; AND (ii) PROPOSED ACQUISITION II (AS DEFINED BELOW)

TALIWORKS CORPORATION BERHAD (“TCB” OR “COMPANY”)

 

(i) 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 (“PROPOSED ACQUISITION”); AND

 

(ii) PROPOSED ACQUISITION OF THE REMAINING EQUITY INTEREST IN FORTUNE 11 SDN BHD, CORPORATE SEASON SDN BHD AND SILVERSTAR PAVILION SDN BHD BY TALIWORKS RENEWABLES SDN BHD, A WHOLLY OWNED SUBSIDIARY OF TCB, FROM SEV RENEWABLES SDN BHD, A WHOLLY OWNED SUBSIDIARY OF SUN ENERGY VENTURES SDN BHD (“PROPOSED ACQUISITION II”)

 

(Capitalised terms used in this announcement shall have the same meanings as those used in the Company’s announcements in relation to the Proposed Acquisition and Proposed Acquisition II dated 30 November 2020, 15 December 2020, 18 December 2020, 12 March 2021 and 1 December 2021 unless otherwise stated.)

 

We refer to the Company’s announcements in relation to the Proposed Acquisition and Proposed Acquisition II dated 30 November 2020, 15 December 2020, 18 December 2020, 12 March 2021 and 1 December 2021.

 

The Company wishes to announce that the SEV SPA (which relates to the Proposed Acquisition II) has lapsed on 16 December 2021 as the Long Stop Date of the SEV SPA has not been extended. The lapsing of the SEV SPA does not affect the SESH SPA (which relates to the Proposed Acquisition) and will not have any material impact on the NA per TCB Share and EPS.

 

This announcement is dated 16 December 2021.






Announcement Info

Company Name TALIWORKS CORPORATION BERHAD
Stock Name TALIWRK
Date Announced 16 Dec 2021
Category General Announcement for PLC
Reference Number GA1-15122021-00040



Back