News

Proposed Acquisitions & Proposed M&A Amendments

BackSep 17, 2010

Type	Announcement
Subject	RIMBUNAN SAWIT BERHAD (“RSB” OR THE “COMPANY”) PROPOSED ACQUISITIONS & PROPOSED M&A AMENDMENTS
Contents	(Unless otherwise stated, definitions or terms used herein shall have the same meanings as that provided in the announcement of RSB dated 30 December 2009) Further to the announcement dated 15 September 2010 in relation to the Proposed Acquisitions and Proposed M&A Amendments, the Company wishes to clarify that following the completion of the SSAs on 15 September 2010, the Proposed Acquisitions are deemed completed on the said date, and the Company is deemed the sole beneficial owner of the Sale Shares with full and unequivocal rights to deal with the same in any manner it shall deem fit without the concurrence of or consent from the Vendors on and from the said date. The issuance of the Consideration Shares and the ICPS by the Company to the respective Vendors, and the listing of and quotation for the Consideration Shares on the Main Market of Bursa Securities will take place within 30 days thereof. This announcement is dated 17 September 2010.