12th Sept 2018, as at 5.00 p.m. (Malaysian time) on the Closing Date, the Offeror and PACs held (together with TAE Shares for which valid acceptances in respect of the Offer have been received and TAE Shares that are already acquired, held or entitled to be acquired or held by the Offeror) 44.30% of the total issued share capital of TAE. As such, the Acceptance Condition has not been fulfilled.
Accordingly, the Offeror shall return all the Offer Shares (which have been transferred into the Offeror’s Central Depository System account) to the respective holders who have accepted the Offer.
Stock: [TA]: TA ENTERPRISE BHD
2018-09-13 00:41 | Report Abuse
12th Sept 2018, as at 5.00 p.m. (Malaysian time) on the Closing Date, the Offeror and PACs held (together with TAE Shares for which valid acceptances in respect of the Offer have been received and TAE Shares that are already acquired, held or entitled to be acquired or held by the Offeror) 44.30% of the total issued share capital of TAE. As such, the Acceptance Condition has not been fulfilled.
Accordingly, the Offeror shall return all the Offer Shares (which have been transferred into the Offeror’s Central Depository System account) to the respective holders who have accepted the Offer.