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OTHERS COCOALAND HOLDINGS BERHAD ("COCOALAND" OR "COMPANY") ACQUISITION BY FRASER & NEAVE HOLDINGS BHD ("F&NHB") AND/OR ITS NOMINEES, OF THE ENTIRE EQUITY INTEREST IN COCOALAND NOT ALREADY OWNED BY F&NHB TO BE UNDERTAKEN BY COCOALAND BY WAY OF MEMBERS SCHEME OF ARRANGEMENT PURSUANT TO SECTION 366 OF THE COMPANIES ACT 2016 ("ACT") ("PRIVATISATION")

COCOALAND HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
COCOALAND HOLDINGS BERHAD ("COCOALAND" OR "COMPANY") 

ACQUISITION BY FRASER & NEAVE HOLDINGS BHD ("F&NHB") AND/OR ITS NOMINEES, OF THE ENTIRE EQUITY INTEREST IN COCOALAND NOT ALREADY OWNED BY F&NHB TO BE UNDERTAKEN BY COCOALAND BY WAY OF MEMBERS SCHEME OF ARRANGEMENT PURSUANT TO SECTION 366 OF THE COMPANIES ACT 2016 ("ACT") ("PRIVATISATION")

We refer to announcements dated 3 June 2022, 13 June 2022, 15 June 2022, 20 June 2022, 7 July 2022, 19 July 2022, 20 July 2022, 18 August 2022, 1 September 2022, 30 September 2022, 4 October 2022 and 7 October 2022 in relation to the Privatisation ("Earlier Announcements"). Unless otherwise defined, the terms used herein shall have the same meaning as those defined in the Earlier Announcements.

 

On behalf of the Company, AmInvestment Bank Berhad wishes to announce that the Offer Price has been paid to the Scheme Shareholders today and subsequently all Scheme Shares have been transferred to Awana Citra, a wholly-owned subsidiary of F&NHB. Following the settlement of the Offer Price, the Privatisation is deemed completed on 4 November 2022.

 

This announcement is dated 4 November 2022.






Announcement Info

Company Name COCOALAND HOLDINGS BERHAD
Stock Name COCOLND
Date Announced 04 Nov 2022
Category General Announcement for PLC
Reference Number GA1-05102022-00010