Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO PART A (I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 355,416,000 NEW ORDINARY SHARES IN NAIM HOLDINGS BERHAD ("NAIM") ("RIGHTS SHARES") AT THE ISSUE PRICE OF RM0.45 PER RIGHTS SHARE, ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY TWO (2) EXISTING ORDINARY SHARES IN NAIM ("NAIM SHARES" OR "SHARES") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE"); AND (II) PROPOSED EXEMPTION UNDER PARAGRAPH 4.08(1)(B) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS TO DATUK AMAR ABDUL HAMED BIN HAJI SEPAWI ("DATUK AMAR"), DATUK HASMI BIN HASNAN ("DATUK HASMI") AND PERSONS ACTING IN CONCERT WITH THEM ("PACS") FROM THE OBLIGATION TO UNDERTAKE A MANDATORY OFFER FOR THE REMAINING NAIM SHARES NOT ALREADY OWNED BY THEM ARISING FROM THE SUBSCRIPTION BY DATUK AMAR, DATUK HASMI AND THEIR PACS FOR THE RIGHTS SHARES PURSUANT TO THE UNDERTAKINGS (AS DEFINED HEREIN) ("PROPOSED EXEMPTION") PART B INDEPENDENT ADVICE LETTER FROM INTER-PACIFIC SECURITIES SDN BHD TO THE NON-INTERESTED SHAREHOLDERS OF NAIM IN RELATION TO THE PROPOSED EXEMPTION |
Company Name | NAIM HOLDINGS BERHAD |
Stock Name | NAIM |
Date Announced | 29 Oct 2018 |
Category | Document Submission |
Reference Number | DCS-29102018-00019 |
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