Highlights

[IGB] Others on 10-Jan-2018


Stock [IGB]: IGB CORPORATION BHD
Announcement Date 10-Jan-2018

Financial Year
Subject Others
Type Not in above category
Description Acquisition by Goldis of the entire equity interest in IGB not already owned by Goldis by way of a members' scheme of arrangement to be undertaken by IGB pursuant to section 366 of the Act, at the Offer Price. The Scheme Shareholders are entitled to elect to accept any one of the following as settlement of the Offer Price: (i) Cash of RM3.00; or (ii) Cash and new Goldis Shares via: (a) 30% of the Offer Price equivalent to RM0.90 in cash; and (b) 70% of the Offer Price equivalent to RM2.10 via the issuance of new Goldis Shares at RM3.00 for each Goldis Share; or (iii) Cash and New RCCPS via: (a) 12% of the Offer Price equivalent to RM0.36 in cash; and (b) 88% of the Offer Price equivalent to RM2.64 via the issuance of New RCCPS at RM3.28 for each New RCCPS.
Amount RM 3
Ex Date 23-Jan-2018
Entitlement Date 25-Jan-2018
Payment Date


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