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Date : 05 December 2016

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

JCBNEXT BERHAD

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description
UNCONDITIONAL MANDATORY TAKE-OVER OFFER DATED 25 NOVEMBER 2016 FROM AMINVESTMENT BANK BERHAD ("AMINVESTMENT BANK") ON BEHALF OF CHANG MUN KEE AND WONG SIEW HUI ("JOINT OFFERORS")

We refer to the Notice of Take-over dated 25 November 2016.

Pursuant to Paragraph 19.04 of the Rules of Take-overs, Mergers and Compulsory Acquisition, 2016, JcbNext wishes to inform that JG Summit Philippines, Ltd, a substantial shareholder of JcbNext, has dealt in JcbNext Shares, details of which are set out below:-

Date

Nature of transaction

Quantity

Price (RM)

2 December 2016

Disposal via direct business transaction

9,880,000

1.20

The above shares were disposed to Mr Chang Mun Kee.

On completion of this transaction JG Summit Philippines, Ltd has ceased to be a substantial shareholder of JcbNext.

This announcement is dated 5 December 2016.

Please refer to the attachment below.




Please refer attachment below.



Announcement Info

Company Name JCBNEXT BERHAD
Stock Name JCBNEXT
Date Announced 05 Dec 2016
Category General Announcement for PLC
Reference Number GA1-05122016-00011