TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MULPHA INTERNATIONAL BHD ("MULPHA") PROPOSED RATIFICATION FROM THE SHAREHOLDERS OF MULPHA OF THE ACCEPTANCE OF A PRIVATISATION SCHEME UNDERTAKEN BY HYDRA RL BIDCO PTY. LTD. ("BIDCO" OR THE "OFFEROR"), AN ENTITY CONTROLLED BY BROOKFIELD ASSET MANAGEMENT INC. ("BROOKFIELD") FOR ALL THE SECURITIES OF AVEO GROUP LIMITED AND AVEO GROUP TRUST (COLLECTIVELY, "AVEO"), A 24.39% ASSOCIATE COMPANY OF MULPHA ("PROPOSED RATIFICATION")
| MULPHA INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MULPHA INTERNATIONAL BHD ("MULPHA")
PROPOSED RATIFICATION FROM THE SHAREHOLDERS OF MULPHA OF THE ACCEPTANCE OF A PRIVATISATION SCHEME UNDERTAKEN BY HYDRA RL BIDCO PTY. LTD. ("BIDCO" OR THE "OFFEROR"), AN ENTITY CONTROLLED BY BROOKFIELD ASSET MANAGEMENT INC. ("BROOKFIELD") FOR ALL THE SECURITIES OF AVEO GROUP LIMITED AND AVEO GROUP TRUST (COLLECTIVELY, "AVEO"), A 24.39% ASSOCIATE COMPANY OF MULPHA
("PROPOSED RATIFICATION") |
|
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements dated 30 September 2019, 25 October 2019, 1 November 2019 and 6 November 2019 in relation to the Schemes and Proposed Ratification, respectively. We refer to the earlier announcements of Mulpha dated 30 September 2019, 25 October 2019, 1 November 2019 and 6 November 2019 in relation to the Schemes involving the privatisation of Aveo and the Proposed Ratification, respectively. On behalf of the Board, UOB Kay Hian Securities (M) Sdn Bhd wishes to inform that the Supreme Court of New South Wales ("NSW Court") has on 13 November 2019 made orders approving the Schemes. Based on the announcement released by Aveo on the Australian Stock Exchange, Aveo confirms that it has on even date i.e. 13 November 2019, lodged a copy of the NSW Court orders with the Australian Securities and Investments Commission, and accordingly the Schemes have become legally effective. Aveo securities will be suspended from trading on the Australian Stock Exchange effective from the close of trading on 13 November 2019.
This announcement is dated 13 November 2019. |
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Announcement Info
| Company Name | MULPHA INTERNATIONAL BERHAD |
| Stock Name | MULPHA |
| Date Announced | 13 Nov 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13112019-00057 |
