BURSA ANNOUNCEMENTS
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 (“SEV RENEWABLES”), A WHOLLY OWNED SUBSIDIARY OF SUN ENERGY VENTURES SDN BHD (“SEV”) (“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, 1 December 2021, 16 December 2021 and 16 March 2022 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, 1 December 2021, 16 December 2021 and 16 March 2022.
The Company wishes to announce that the EC had, vide its letters dated 1 March 2022 and 24 March 2022, approved the following:
(i) changes in the shareholding structure of the FIAHs from Brookfield Asset Management Inc. and SEV Renewables to TRSB in conjunction with the Proposed Acquisition and the Proposed Acquisition II; and
(ii) changes in the shareholding structure of the FIAHs in conjunction with the internal reorganisation of SEV Renewables.
This Announcement is dated 25 March 2022. |
Announcement Info
Company Name | TALIWORKS CORPORATION BERHAD |
Stock Name | TALIWRK |
Date Announced | 25 Mar 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-25032022-00044 |