| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PART A (I) PROPOSED ACQUISITIONS BY RIMBUNAN SAWIT BERHAD ("RSB") OF THE EQUITY INTERESTS IN NINE (9) PLANTATION COMPANIES AND ASSIGNMENT OF RIGHTS OF A PLANTATION ESTATE FROM THE RESPECTIVE VENDORS FOR AN AGGREGATE PURCHASE CONSIDERATION OF RM288,995,534 TO BE WHOLLY SATISFIED THROUGH THE ISSUANCE OF 28,331,400 NEW ORDINARY SHARES OF RM0.50 EACH IN RSB ("SHARES") AND 193,972,857 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.50 EACH IN RSB ("ICPS") AT AN ISSUE PRICE OF RM1.30 PER SHAREIICPS ("PROPOSED ACQUISITIONS") (II) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF RSB TO FACILITATE THE ISSUANCE OF THE ICPS ("PROPOSED M&A AMENDMENTS") PART B INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF RSB IN RELATION TO THE PROPOSED ACQUISITIONS AND PROPOSED M&A AMENDMENTS |
| Company Name | RIMBUNAN SAWIT BERHAD |
| Stock Name | RSAWIT |
| Date Announced | 27 Jul 2010 |
| Category | Document Receipt |
| Reference No | JM-100727-57626 |
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