[UZMA]: UZMA BHD

03-Jul-2014

EGM

21-Jul-2014 09:00

11-Jul-2014

Kelab Golf Sultan Abdul Aziz Shah, No.1, Rumah Kelab, Jalan Kelab Golf 13/6, 40100 Shah Alam, Selangor Darul Ehsan

PROPOSED ACQUISITION OF MMSVS GROUP HOLDING CO., LTD. (“MMSVS”) AS FOLLOWS: I PROPOSED ACQUISITION BY UZMA ENGINEERING SDN BHD, A WHOLLY OWNED SUBSIDIARY OF UZMA BERHAD, OF THE ENTIRE EQUITY INTEREST IN SVJ HOLDING LIMITED, WHICH HOLDS 100,000 ORDINARY SHARES OF THAI BAHT 100 EACH REPRESENTING APPROXIMATELY 49.75% OF ALL THE AUTHORISED AND ISSUED SHARES IN MMSVS, ON OR BEFORE THE COMPLETION DATE; AND II PROPOSED ACQUISITION BY WELL SERVICES (THAILAND) LTD, A 49%-OWNED SUBSIDIARY OF UZMA ENGINEERING SDN BHD, OF 100,999 PREFERRED SHARES OF THAI BAHT 100 EACH REPRESENTING APPROXIMATELY 50.25% OF ALL THE AUTHORISED AND ISSUED SHARES IN MMSVS FOR AN AGGREGATE CASH CONSIDERATION OF APPROXIMATELY USD29.70 MILLION (OR APPROXIMATELY RM95.34 MILLION)
Uzma Proposed Acquisition (Notice to EGM).pdf

We refer to our announcements dated 20 May 2014, 30 May 2014, 12 June 2014 and 3 July 2014 in relation to the Proposed Acquisition (“Announcements”). All abbreviations and definitions used herein shall have the same meanings as the words and expressions defined in the Announcements, except where the context otherwise requires or where otherwise defined herein. On behalf of the Board, Kenanga Investment Bank Berhad (“KIBB”) is pleased to announce that the shareholders of Uzma, have at the EGM held today, approved and passed the resolution as set out in the Notice of EGM dated 4 July 2014 in relation to the Proposed Acquisition. This announcement is dated 21 July 2014.

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