[MEDIA] Acquisitions on 21-Sep-2010
Stock
Announcement Date
21-Sep-2010
Listing Date
22-Sep-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
1,114,691
Issue Price
MYR 2.000
Par Value
MYR 1.000
Total NOSH
999,470,955
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
