KUALA LUMPUR: EON CAPITAL BHD [] will go ahead and table HONG LEONG BANK BHD []'s offer to acquire the entire assets and liabilities to its shareholders an an extraordinary general meeting to decided later.
EON Cap said on Wednesday, July 7 the decision was made by the board following consultation with its legal advisers and the board (with the exception of Ng Wing Fai).
It said the offered would be tabled at the EGM for their consideration and approval and to empower the board to make the decision whether or not to accept the offer.
This would also hinge on the the approval of the shareholders for the offer at the EGM; the approval of the Minister of Finance for the offer; and a final decision of the court on the petition filed with the High Court of Malaya at Kuala Lumpur (Commercial Division) by Primus (Malaysia) Sdn Bhd.
"To this end, a notice for the convening of an extraordinary general meeting and a circular to the shareholders will be issued and despatched in due course," it said.
EON Cap said on Wednesday, July 7 the decision was made by the board following consultation with its legal advisers and the board (with the exception of Ng Wing Fai).
It said the offered would be tabled at the EGM for their consideration and approval and to empower the board to make the decision whether or not to accept the offer.
This would also hinge on the the approval of the shareholders for the offer at the EGM; the approval of the Minister of Finance for the offer; and a final decision of the court on the petition filed with the High Court of Malaya at Kuala Lumpur (Commercial Division) by Primus (Malaysia) Sdn Bhd.
"To this end, a notice for the convening of an extraordinary general meeting and a circular to the shareholders will be issued and despatched in due course," it said.
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