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January 21, 2008
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Subject
Receipt of A notice of Conditional Mandatory Offer from Jati Cakerawala Sdn Bhd (“JCSB”) for The Remaining Shares in Teknologi Tenaga Perlis Consortium Sdn Bhd (“TTPC”) Not Already Owned By JCSB (“OFFER”)
Content
We refer to the announcements dated 21 January 2008 and 28 January 2008 in relation to the above matter. All abbreviations used herein shall have the same meaning set out in the announcement dated 21 January 2008 unless otherwise indicated.
The Board of Landmarks wishes to announce that its wholly-owned subsidiary, Landmarks Hotels & Realty Sdn Bhd, has today received a letter from the Board of TTPC that it has received a revision to the Notice (“Revision”) from AmInvestment Bank Berhad on behalf of JCSB, informing that the price offered by JCSB to acquire all the remaining 17,000,000 ordinary shares of RM1.00 each in TTPC is revised to RM21.47 per share instead of RM20.11 per share as stated in the Notice.
A copy of the said Revision is attached with this announcement.
The Board of Landmarks has not made any decision whether to accept or reject the Offer. The Board of Landmarks will deliberate on the terms and conditions of the Offer and make a decision accordingly. |
