[MEDIA] Acquisitions on 05-Aug-2010

Announcement Date
05-Aug-2010
Listing Date
06-Aug-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 (“CONSIDERATION SHARES”) AND ONE (1) FREE WARRANT IN MPB (“CONSIDERATION WARRANT”), FOR EVERY FIVE (5) OFFER SHARES ACCEPTED (“OFFER”)
No. of shared issued
7,972,623
Issue Price
MYR 2.000
Par Value
MYR 1.000
Total NOSH
985,656,563
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