We refer to the announcements dated 4 November 2013, 18 November 2013, 18 December 2013, 23 December 2013, 30 December 2013, 16 January 2014, 10 February 2014 and 31 March 2014 in relation to Gamuda’s offer to acquire the remaining equity interest in Kesas Holdings not held by Gamuda.
On behalf of Gamuda, CIMB Investment Bank Berhad wishes to announce that the Securities Commission (“SC”) has approved a further extension of time of two months for the submission of the offer document to the SC for its consent and for the posting of the offer document in relation to the mandatory take-over offer pursuant to Section 218(2) of the Capital Markets and Services Act, 2007 and Section 9(1), Part III of the Malaysian Code on Take-Overs and Mergers, 2010, to acquire all the remaining ordinary shares of RM1.00 each in Kesas Holdings and non-cumulative redeemable preference shares of RM1.00 each in Kesas Holdings not already held by Gamuda (“Offer Shares”) for a cash offer price of RM2.973 for each Offer Share (“Further EOT”).
Further details of the Further EOT are as set out in the notice attached.
This announcement is dated 30 May 2014.
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