Arising from acceptances pursuant to the take-over offer by Fajar Astoria Sdn. Bhd. and Ho Sue San @ David Ho Sue San (collectively, "Joint Offerors") through CIMB Investment Bank Berhad to acquire all the remaining offer shares and the offer warrants at a cash consideration of RM0.38 per offer share and RM0.20 per offer warrant, respectively (Offer).
Note that the acceptances pursuant to the Offer is subject to the condition that the Joint Offerors receive, on or before the Closing Date, acceptances by the Holders of the Offer Shares, which will result in the Joint Offerors holding in aggregate (together with such Shares that are already acquired, held or entitled to be acquired or held by the Joint Offerors) more than 75% of the total Shares.
