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Categories
| Sarawak govt extends closing date of offer for Sarawak Energy |
| Business & Market 2009 | |||
| Written by Joseph Chin | |||
| Monday, 30 November 2009 17:17 | |||
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KUALA LUMPUR: The Sarawak Government, which launched a takeover of its subsidiary Sarawak Energy Bhd, has extended the closing date of the offer to 5pm on Monday, Dec 14. Sarawak Energy said on Monday, Nov 30 it was notified about the extension by AmInvestment Bank Bhd, which was acting on behalf of the Sarawak government. "The offeror does not intend to extend the closing date of the offer beyond Dec 14, 2009. All other terms and conditions of the offer as stated in the offer document remain unchanged," it said. The voluntary offer was made by Delegate Team Sdn Bhd, a unit of the State Financial Secretary. The offer price was RM2.65 per share.
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