SMB UNITED LTD 
By (Company Registration Number: 199506364D) (Incorporated in the Republic of Singapore) (the "Company")
VOLUNTARY CONDITIONAL CASH OFFER BY OSAKI ELECTRIC CO., LTD. FOR SMB UNITED LIMITED - DESPATCH OF OSAKI OFFEREE CIRCULAR
The Board of Directors of the Company (the "Board")
refers to the announcement dated 16 January
2012 by Daiwa Capital Markets Singapore Limited
("Daiwa"), for and on behalf of Osaki Electric Co.,
Ltd. ("Osaki"), in respect of the despatch of the
offer document dated 16 January 2012 (the "Osaki Offer
Document") to shareholders of the Company
("Shareholders"), in relation to the voluntary
conditional cash offer (the "Osaki Offer") by
Daiwa, for and on behalf of Osaki, to acquire all the
ordinary shares in the capital of the Company
("Shares").
Further to the above announcement, the Board wishes to inform
Shareholders that the Company has today despatched to
Shareholders a circular dated 27 January 2012 (the
"Osaki Offeree Circular") containing, inter alia,
the advice of Ernst & Young Corporate Finance Pte Ltd (the
"IFA"), the independent financial adviser to the
Directors of the Company who are considered independent for
the purposes of the Osaki Offer (the "Independent
Directors"), and the recommendations of the Independent
Directors on the Osaki Offer.
Shareholders who have not received the Osaki Offeree Circular
within two (2) business days from the date hereof may obtain
a copy during normal business hours from the Company's share
registrar:
50 Raffles Place
#32-01 Singapore Land Tower
Singapore 048623
A soft copy of the Osaki Offeree Circular is available on the
website of the Singapore Exchange
Securities Trading Limited at www.sgx.com.
Shareholders should note that, as stated in the Osaki Offer
Document, the Osaki Offer will remain open for acceptance
until 5.30 p.m. on 13 February 2012 or such later date(s) as
may be announced from time to time by or on behalf of
Osaki.
Shareholders are advised to refrain from taking any action in
respect of their Shares which may be prejudicial to their
interests, and to exercise caution when dealing in the
Shares, until they have considered the information, the
advice of the IFA and the recommendations of the Independent
Directors in the Osaki Offeree Circular.
The Directors of the Company (including those who may have
delegated detailed supervision of this Announcement) have
taken all reasonable care to ensure that the facts stated in
this Announcement are fair and accurate and that no material
facts have been omitted from this Announcement, and they
jointly and severally accept responsibility accordingly.
Where any information has been extracted from published or
otherwise publicly available sources, the sole responsibility
of the Directors of the Company has been to ensure through
reasonable enquiries that such information has been
accurately and correctly extracted from such sources or, as
the case may be, accurately reflected or reproduced in this
Announcement.
Any enquiries relating to this Announcement or the Osaki
Offer should be directed to the following:
1
Lazard Asia Limited
3 Church Street
#14-01 Samsung Hub Singapore 049483 (65) 6534 2011
BY ORDER OF THE BOARD
Lee Phuan Weng
Chairman
27 January 2012
2
| distribué par | Ce noodl a été diffusé par SMB United Limited et initialement mise en ligne sur le site http://www.smbunited.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-27 23:05:20 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
| Documents associés | |
| Voluntary Conditional Cash Offer By Osaki Co., Ltd. For SMB United Limited – Despatch Of Offeree Circular |
