OTHERS IRE-TEX CORPORATION BERHAD ("Ire-Tex" or "the Company") - NOTIFICATION TO THE SHAREHOLDERS OF IRE-TEX IN RELATION TO THE WITHDRAWAL OF CONDITIONAL TAKE-OVER OFFER DATED 20 NOVEMBER 2015 ("the Offer") FROM MERCURY SECURITIES SDN. BHD. ON BEHALF OF NEXGRAM HOLDINGS BERHAD ("Nexgram")

IRE-TEX CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
IRE-TEX CORPORATION BERHAD ("Ire-Tex" or "the Company")  
- NOTIFICATION TO THE SHAREHOLDERS OF IRE-TEX IN RELATION TO THE WITHDRAWAL OF CONDITIONAL TAKE-OVER OFFER DATED 20 NOVEMBER 2015 ("the Offer") FROM MERCURY SECURITIES SDN. BHD. ON BEHALF OF NEXGRAM HOLDINGS BERHAD ("Nexgram")

Reference is made to the Company’s announcements dated 20 November 2015, 26 November 2015, 30 November 2015 and 30 December 2015 in relation to the Offer. All capitalised terms used herein shall have the same meanings as those set out in the announcement dated 20 November 2015 in relation to the Offer unless otherwise stated.

 

We wish to inform that Ire-Tex has received a letter dated 21 January 2016 from Mercury Securities, on behalf of Nexgram Board, that it had on the same date applied for a written consent to the SC pursuant to Section 11(13) of the Code to withdraw the Offer. The withdrawal of the Offer is subject to the consent of the SC. Upon the consent of the SC, the Offer shall cease and all acceptances received pursuant to the Offer shall be returned to the Accepting Holders.

 

This announcement is dated 22 January 2016.






Announcement Info

Company Name IRE-TEX CORPORATION BERHAD
Stock Name IRETEX
Date Announced 22 Jan 2016
Category General Announcement for PLC
Reference Number GA1-22012016-00050