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TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))

GETS GLOBAL BERHAD

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description
RECEIPT OF NOTICE OF UNCONDITIONAL MANDATORY TAKE-OVER OFFER FROM UOB KAY HIAN SECURITIES (M) SDN BHD ("UOBKH") ON BEHALF OF ADA CAPITAL INVESTMENTS LIMITED AND TEONG LIAN AIK ("JOINT OFFERORS") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN GETS ("GETS SHARE(S)") ("OFFER SHARE(S)") NOT ALREADY HELD BY THE JOINT OFFERORS AT A REVISED CASH OFFER PRICE OF RM1.03 PER OFFER SHARE ("OFFER") ("NOTICE OF REVISED OFFER PRICE")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Offer.

We refer to the earlier announcements dated 30 November 2020 and 18 December 2020 in relation to the Offer.

The Board of Directors of GETS ("Board") wishes to announce that the Board has on 22 January 2021 received a notice of revised offer price ("Notice of Revised Offer Price") from UOB Kay Hian Securities (M) Sdn Bhd on behalf of the Joint Offerors, to acquire all the remaining ordinary shares in GETS not already held by the Joint Offerors at a revised cash consideration of RM1.03 per Offer Share.

A copy of the Notice of Revised Offer Price is enclosed in this announcement and the same will be posted to the holders of the Offer Shares within 7 days from the date of this announcement.

This announcement is dated 22 January 2021.

 




Please refer attachment below.



Announcement Info

Company Name GETS GLOBAL BERHAD
Stock Name GETS
Date Announced 22 Jan 2021
Category General Announcement for PLC
Reference Number GA1-22012021-00100


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