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Multiple Proposals (Amended Announcement)

BackJul 07, 2011
Date Announced
:
 07/07/2011  



Type
:
 Announcement
Subject
:
MULTIPLE PROPOSALS

Description
:
BOUSTEAD HOLDINGS BERHAD (“BHB”)
(I) PROPOSED DIVIDEND-IN-SPECIE OF ORDINARY SHARES OF RM1.00 EACH IN PHARMANIAGA BERHAD (“PHARMANIAGA”) (“PHARMANIAGA SHARES”) TO THE SHAREHOLDERS OF BHB (“PROPOSED DIVIDEND-IN-SPECIE”);
(II) PROPOSED RESTRICTED OFFER FOR SALE BY BHB OF PHARMANIAGA SHARES TO THE SHAREHOLDERS OF BHB (EXCLUDING LEMBAGA TABUNG ANGKATAN TENTERA (“LTAT”) (“PROPOSED RESTRICTED OFFER FOR SALE”);
(III) PROPOSED DIVESTMENT BY BHB OF PHARMANIAGA SHARES TO LTAT, BHB DIRECTORS AND EMPLOYEES AND OTHER INVESTORS TO BE IDENTIFIED (“PROPOSED DIVESTMENT”); AND
(IV) PROPOSED BONUS ISSUE OF NEW ORDINARY SHARES OF RM0.50 EACH IN BHB (“BHB SHARES”) (“BONUS SHARE(S)”) ON THE BASIS OF 1 BONUS SHARE FOR EVERY 10 EXISTING BHB SHARES HELD (“PROPOSED BHB BONUS ISSUE”)
(HEREINAFTER COLLECTIVELY REFERRED TO AS THE “PROPOSALS”).

Announcement Details/Table Section :

We refer to the announcement by BHB dated 6 July 2011.

Please find attached the amended announcement in relation to the Proposals, in particular Section 2.3.1.

Attachments

  1. BSTEAD070711.pdf (Size: 97,555 bytes)
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