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Take-Overs & Mergers (Paragraph/Rule 9.19 (47A))

BackDec 16, 2024
Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description MALAYSIA AIRPORTS HOLDINGS BERHAD ("MAHB" OR "THE COMPANY") - CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY GATEWAY DEVELOPMENT ALLIANCE SDN BHD, PANTAI PANORAMA SDN BHD, KWASA AKTIF SDN BHD AND GIP AUREA PTE. LTD. (COLLECTIVELY, THE "JOINT OFFERORS") THROUGH AMINVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN MALAYSIA AIRPORTS HOLDINGS BERHAD (“MAHB”) NOT ALREADY HELD BY THE JOINT OFFERORS ("OFFER SHARES") FOR A CASH OFFER PRICE OF RM11.00 PER OFFER SHARE ("OFFER")

We refer to the announcements dated 15 May 2024, 24 July 2024, 12 June 2024, 6 August 2024, 19 August 2024, 8 November 2024, 15 November 2024 and 22 November 2024 (“collectively, “Announcements”) and the offer document dated 6 December 2024 (“Offer Document”) in relation to the Offer. 

 

On 13 December 2024, Hong Leong Investment Bank Berhad, independent adviser in relation to the Offer, had, on behalf of MAHB, submitted an application to the Securities Commission Malaysia (“SC”) for an extension of time until 20 December 2024 to issue the Independent Advice Circular to the holders of the Offer Shares. 

 

The SC had, via its letter dated 16 December 2024, approved the application for extension of time to comply with the timing requirements under paragraphs 11.03(1) and 11.04(1) of the Rules on Take-overs, Mergers and Compulsory Acquisitions for the Independent Advice Circular to be despatched by 20 December 2024. 

 

This announcement is dated 16 December 2024. 


Announcement Info

Company Name MALAYSIA AIRPORTS HOLDINGS BERHAD
Stock Name AIRPORT
Date Announced 16 Dec 2024
Category General Announcement for PLC
Reference Number GA1-16122024-00040