Circular/Notice to Shareholders
| Subject | MESB BERHAD (“MESB” OR “COMPANY”) – INDEPENDENT ADVICE CIRCULAR TO THE HOLDERS OF THE OFFER SECURITIES IN RELATION TO THE CONDITIONAL MANDATORY TAKE-OVER OFFER BY WONG SAK KUAN AND YAU MING TECK (“JOINT OFFERER”), THROUGH KAF INVESTMENT BANK NERHAD, TO ACQUIRE:- (I) ALL REMAINING ORDINARY SHARES IN MESB NOT ALREADY OWNED BY THE JOINT OFFERORS AND SUCH NUMBER OF NEW ORDINARY SHARES IN MESB THAT MAY BE ISSUED AND ALLOTTED PRIOR TO THE CLOSING DATE ARISING FROM THE EXERCISE OF THE OUTSTANDING WARRANTS IN MESB NOT ALREADY OWNED BY THE JOINT OFFERORS (“OFFER SHARES”); AND (II) ALL THE REMAINING UNEXERCISED OUTSTANDING WARRANTS IN MESB NOT ALREADY OWNED BY THE JOINT OFFERORS (“OFFER WARRANTS”), FOR A CASH OFFER PRICE OF RM0.315 PER OFFER SHARE AND RM0.015 PER OFFER WARRANT. |
Please refer attachment below.