Reference is made to the Company’s announcements dated 28 December 2012 and 28 June 2013 in relation to the Proposed Acquisition (“Announcements”).
Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Announcements.
On behalf of the Board of Directors of PB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that PT ASU and PB had on 31 July 2013, via an exchange of letters, agreed to further extend the deadline for the Due Diligence Period to 30 September 2013, which shall coincide with the due date of the Conditions Period as set out in the Supplemental Agreement.
Additionally, AmInvestment Bank wishes to announce that the Company and PT ASU are still in the midst of procuring and fulfilling the Conditions Precedent of the SPA.
This announcement is dated 1 August 2013.