[MEDIA] Acquisitions on 03-Dec-2010
Stock
Announcement Date
03-Dec-2010
Listing Date
06-Dec-2010
New Type/Class?
No
Type
Acquisitions
Details
UNCONDITIONAL TAKE-OVER OFFER BY MEDIA PRIMA BERHAD (“MPB”) TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD (“NSTP”) NOT ALREADY OWNED BY MPB (“OFFER SHARES”) AT AN OFFER PRICE OF RM2.40 PER OFFER SHARE, TO BE SATISFIED BY THE ISSUANCE OF SIX (6) ORDINARY SHARES OF RM1.00 EACH IN MPB AT AN ISSUE PRICE OF RM2.00 EACH AND ONE (1) FREE WARRANT IN MPB, FOR EVERY FIVE (5) OFFER SHARES ACCEPTED (“OFFER”)
No. of shared issued
34,200
Issue Price
MYR 2.000
Par Value
MYR 1.000
Total NOSH
1,002,199,770
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