Unconditional Mandatory Take-over Offer

Company Name CITAGLOBAL BERHAD
Stock Name CITAGLB
Date Announced 29 Nov 2022
Category Take-over Offer
Reference Number TEN-29112022-00001
Corporate Action ID MY221129TEND0001

Name of Offeror(s)

Offeror Listed on Bursa Malaysia
TIZA Global Sdn Bhd
No

Offer by Offeror(s) Cash
Cash
Offer Price Per Unit Malaysian Ringgit (MYR) 0.1900

Registrar or Service Provider name, address, telephone no SECURITIES SERVICES (HOLDINGS) SDN BHD
Level 7, Menara Milenium
Jalan Damanlela, Pusat Bandar Damansara

Damansara Heights

50490 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0320849000
Fax:0320949940

Remarks :
The Offer entails an unconditional mandatory take-over offer by the Offeror through KAF IB to acquire:

1.	all the remaining ordinary shares in Citaglobal ("Citaglobal Share(s)") not already owned by the Offeror, Ultimate Offeror and PACs as well as such number of new Citaglobal Shares that may be issued and allotted prior to the closing date of the offer arising from the:
a.	conversion of the ICPS; 
b.	exercise of the Warrant(s) A; and
c.	exercise of the Warrant(s) B,
("Offer Share(s)"), for a cash consideration of RM0.19 per Offer Share;

2.	all the remaining ICPS not already owned by the Offeror, Ultimate Offeror And PACs ("Offer ICPS") for a cash consideration of RM0.19 per Offer ICPS;

3.	all the remaining Warrants A not already owned by the Offeror, Ultimate Offeror and PACs ("Offer Warrant(s) A") for a cash consideration of RM0.01 per Offer Warrant A; and

4.	all the remaining Warrants B not already owned by the Offeror, Ultimate Offeror And PACs ("Offer Warrant(s) B") for a cash consideration of RM0.03 per Offer Warrant B.

Please refer to the Offer Document which sets out the details, terms and conditions of the Offer.

Please refer attachment below.



Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment