Translate

Translate This Page

Monday, October 17, 2011

LEADER, PACIFICMAS, SILK

Leader shareholders make RM480m takeover offer
LEADER UNIVERSAL HOLDINGS BHD []’s top officials, via HNG Capital Sdn Bhd, have made a takeover offer for the company for RM480.10 million or RM1.10 per share. This is 26 sen above the last traded price of 84 sen.

Windfall for PacificMas shareholders from OCBC Cap purchase
OCBC Capital (Malaysia) Sdn Bhd (OCSB) has made offer to acquire all of PACIFICMAS BHD []’s stakes in five companies for RM450 million of which RM164.23 million be in cash and RM285.76 million due and owing by OCSB to PacificMas.

It said on Monday, Oct 17 that after the completion of the corporate exercise, PacificMas’ assets would comprise mainly cash, available-for-sale/trading securities and the deferred amount.

“Thereafter, PacificMas will promptly distribute its remaining cash via the declaration of special dividend(s) and/or the implementation of a capital repayment exercise in accordance with Section 64 of the Companies Act, 1965, to all the entitled shareholders of PacificMas,” it said.

SILK gets charter contracts worth total RM55.3m from Carigali
SILK Holdings Bhd has secured three long-term charter contracts worth a total RM55.3 million from Petronas Carigali Sdn Bhd.

It said in a filing on Monday, Oct 17 that its subsidiary, Jasa Merin (Malaysia) Sdn Bhd, had been awarded three long term charter contracts by Petronas Carigali each for the provision of one unit of anchor handling tug supply vessel (AHTSV).

No comments: