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Ingress gets notice from joint-offerors
by hlk Thu 23 May 2013, 08:18
KUALA LUMPUR: Ingress Corp Bhd
has received a notice from the joint-offerers intending to take it
private to extend the closing date and time for the acceptance of the
offer to June 11 from May 28.
Major shareholders Ramdawi Sdn Bhd, Datuk Rameli Musa and Datuk Abdul Wahab Ismail
are looking to buy the 59.2 million shares, or 70.19% of the automotive
parts manufacturer and car distributor they do not own, at RM1.85 per
share or RM109mil.
“Save for the revised closing date, all the other details, terms and conditions of the offer remain unchanged,” said Maybank Investment Bank on behalf of the joint-offerors yesterday.
has received a notice from the joint-offerers intending to take it
private to extend the closing date and time for the acceptance of the
offer to June 11 from May 28.
Major shareholders Ramdawi Sdn Bhd, Datuk Rameli Musa and Datuk Abdul Wahab Ismail
are looking to buy the 59.2 million shares, or 70.19% of the automotive
parts manufacturer and car distributor they do not own, at RM1.85 per
share or RM109mil.
“Save for the revised closing date, all the other details, terms and conditions of the offer remain unchanged,” said Maybank Investment Bank on behalf of the joint-offerors yesterday.
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