MEASAT Global Berhad ("MEASAT") - Disclosure of Dealings in accordance with Section 36 of the Malaysian Code on Takeovers and Mergers 1998 ("the Code")
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We refer to our announcement dated 28 July 2010 on the Notice of Conditional Takeover Offer by MEASAT Global Network Systems Sdn Bhd ("MGNS") through CIMB Investment Bank Berhad and Maybank Investment Bank Berhad to acquire all of the ordinary shares of RM0.78 each in MEASAT not already held by MGNS ("Offer Shares") at a cash offer price of RM4.20 for each Offer Share ("Offer"). We also refer to our announcement dated 18 August 2010 in respect of the posting of the Offer Document relating to the Offer on 18 August 2010.
During the Offer Period which commenced on 28 July 2010, a connected person to MEASAT has an obligation to disclose his/her dealings in the shares of MEASAT to Bursa Malaysia Securities Berhad ("Bursa Securities") and the Securities Commission and announced by way of a press notice. Bursa Securities requires that the disclosure to Bursa Securities to be announced via the Bursa LINK.
MEASAT wishes to announce that AmInvestment Bank Berhad ("AmInvestment Bank"), the Independent Adviser in relation to the Offer, has on 23 August 2010 pursuant to Section 36 of the Code and Paragraph 11.07 of the Main Market Listing Requirements of Bursa Securities informed that, they, being deemed a connected person to MEASAT have dealt in the ordinary shares of RM0.78 each in MEASAT.
A copy of AmInvestment Bank's press notice dated 23 August 2010 is attached below.
