2 Feb 2021

MULTIPLE PROPOSALS (Amended Announcement)

Author: admin | Filed under: Announcement

MULTIPLE PROPOSALS MESB BERHAD (“MESB” OR THE “COMPANY”) – PROPOSED DIVERSIFICATION – PROPOSED SHAREHOLDERS MANDATE (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Amended Announcements
Please refer to the earlier announcement reference number: GA1-14012021-00044

Type Announcement
Subject MULTIPLE PROPOSALS
Description MESB BERHAD (“MESB” OR THE “COMPANY”)

–              PROPOSED DIVERSIFICATION

–              PROPOSED SHAREHOLDERS MANDATE

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to the announcement made on 15 January 2021 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

On behalf of the Board, KAF IB wishes to announce the following amendment to the conditionality of the Proposals as disclosed in Section 8.0 of the Announcement:-

As per the Announcement Revised statement

The Proposed Diversification and the Proposed Shareholders’ Mandate are inter-conditional upon one another. The Proposals are not conditional upon any other corporate proposals undertaken or to be undertaken by MESB.

The Proposed Shareholders’ Mandate is conditional upon the Proposed Diversification but not vice versa. The Proposals are not conditional upon any other corporate proposals undertaken or to be undertaken by MESB.

Save for the above, all the other terms and conditions as stated in the Announcement shall remain valid and in full force and effect.

This announcement is dated 2 February 2021.

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