MULTIPLE PROPOSALS UMW HOLDINGS BERHAD (UMWH OR COMPANY) (I) PROPOSED ACQUISITION OF 50.07% EQUITY INTEREST IN MBM RESOURCES BERHAD (MBMR) AND THE RESULTANT PROPOSED MANDATORY TAKE-OVER OFFER; AND (II) PROPOSED ACQUISITION OF 10.00% EQUITY INTEREST IN PERUSAHAAN OTOMOBIL KEDUA SDN BHD (PERODUA) (COLLECTIVELY REFERRED TO AS PROPOSALS)
| UMW HOLDINGS BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | UMW HOLDINGS BERHAD (UMWH OR COMPANY) (I) PROPOSED ACQUISITION OF 50.07% EQUITY INTEREST IN MBM RESOURCES BERHAD (MBMR) AND THE RESULTANT PROPOSED MANDATORY TAKE-OVER OFFER; AND (II) PROPOSED ACQUISITION OF 10.00% EQUITY INTEREST IN PERUSAHAAN OTOMOBIL KEDUA SDN BHD (PERODUA) (COLLECTIVELY REFERRED TO AS PROPOSALS) |
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(Unless otherwise stated, all abbreviations used herein shall have the same meaning as defined in the Company’s announcements dated 9 March 2018, 26 March 2018, 28 March 2018 and 3 April 2018) Further to the Company’s announcement dated 26 March 2018, 28 March 2018 and 3 April 2018, on behalf of the Board, Maybank IB wishes to announce that the Company, in light of developments todate, has extended the MBMR Offer and the Perodua Offer respectively to 31 October 2018, to enable parties to deliberate on the offers. For the avoidance of doubt and as announced on 9 March 2018, 26 March 2018 and 28 March 2018, the Proposed MBMR Acquisition and the Proposed Perodua Acquisition are not conditional upon each other. This announcement is dated 27 April 2018. |
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Announcement Info
| Company Name | UMW HOLDINGS BERHAD |
| Stock Name | UMW |
| Date Announced | 27 Apr 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-27042018-00118 |