| Type | Announcement |
| Subject | TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A)) |
| Description | FACB INDUSTRIES INCORPORATED BERHAD ("FACB") RECEIPT OF NOTICE OF CONDITIONAL VOLUNTARY TAKE-OVER OFFER BY MAGNI VANTAGE LIMITED ("MVL" OR THE "OFFEROR") THROUGH UOB KAY HIAN (M) SDN BHD (FORMERLY KNOWN AS UOB KAY HIAN SECURITIES (M) SDN BHD) ("UOBKH") |
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The Board of Directors of FACB ("Board") wishes to announce that the Board has on 21 July 2025 received a notice of conditional voluntary take-over offer ("Notice") from UOBKH, on behalf of the Offeror, to acquire all the ordinary shares in FACB (excluding treasury shares) not already held by the Offeror and Chen Yiy Fon ("CYF" or the "Ultimate Offeror") ("Offer Share(s)") for a cash offer price of RM1.60 per Offer Share ("Offer").
A copy of the Notice is enclosed in this announcement and the same will be posted to the holders of the Offer Shares within 7 days from the date of this announcement.
This announcement is dated 21 July 2025. |
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Please refer attachment below.
| Company Name | FACB INDUSTRIES INCORPORATED BERHAD |
| Stock Name | FACBIND |
| Date Announced | 21 Jul 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21072025-00042 |
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