Bursa Announcements

Date : 30 September 2011

TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) UNCONDITIONAL TAKE-OVER OFFER BY THE OFFEROR THROUGH OSK INVESTMENT BANK BERHAD (“OSK”) AND ASTRAMINA ADVISORY SDN BHD (“ASTRAMINA”) TO ACQUIRE THE FOLLOWING:- (I) ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN FUTUTECH (“FUTUTECH SHARE(S)”) NOT ALREADY HELD BY THE OFFEROR (“OFFER SHARE(S)”) FOR A CASH CONSIDERATION OF RM0.50 PER OFFER SHARE; AND (II) ALL THE REMAINING WARRANTS NOT ALREADY HELD BY THE OFFEROR THAT HAVE NOT BEEN CONVERTED INTO FUTUTECH SHARES ON OR PRIOR TO THE CLOSING OF THE OFFER (“OFFER WARRANT(S)”) FOR A CASH CONSIDERATION OF RM0.09 PER OFFER WARRANT (COLLECTIVELY REFERRED TO AS THE “OFFER”)

FUTUTECH BERHAD

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionUNCONDITIONAL TAKE-OVER OFFER BY THE OFFEROR THROUGH OSK INVESTMENT BANK BERHAD (“OSK”) AND ASTRAMINA ADVISORY SDN BHD (“ASTRAMINA”) TO ACQUIRE THE FOLLOWING:-

(I) ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN FUTUTECH (“FUTUTECH SHARE(S)”) NOT ALREADY HELD BY THE OFFEROR (“OFFER SHARE(S)”) FOR A CASH CONSIDERATION OF RM0.50 PER OFFER SHARE; AND

(II) ALL THE REMAINING WARRANTS NOT ALREADY HELD BY THE OFFEROR THAT HAVE NOT BEEN CONVERTED INTO FUTUTECH SHARES ON OR PRIOR TO THE CLOSING OF THE OFFER (“OFFER WARRANT(S)”) FOR A CASH CONSIDERATION OF RM0.09 PER OFFER WARRANT

(COLLECTIVELY REFERRED TO AS THE “OFFER”)
We refer to the announcements made on 7 September 2011, 8 September 2011, 22 September 2011, 26 September 2011, 27 September 2011 and 29 September in relation to the Offer.
The Board of Directors of Fututech, wishes to announce that the Ministry of International Trade and Industry had vide its letter dated 29 September 2011 (which was received on 30 September 2011) approved the application by Fututech pursuant to the Offer.

This announcement is dated 30 September 2011.


Announcement Info

Company NameFUTUTECH BERHAD  
Stock Name FUTUTEC    
Date Announced30 Sept 2011  
CategoryGeneral Announcement
Reference NoOI-110930-66271

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