Konsortium Logistik Bhd : TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Company Name	:	KONSORTIUM LOGISTIK BERHAD
Stock Name	:	KONSORT
Date Announced	:	20/01/2014

Type	:	Announcement
Subject	:	TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
Description	:	KONSORTIUM LOGISTIK BERHAD ("KLB" OR THE "COMPANY") UNCONDITIONAL TAKE-OVER OFFER BY KL AIRPORT SERVICES SDN BHD ("KLAS" OR THE "OFFEROR"), EFFECTIVELY A WHOLLY-OWNED SUBSIDIARY OF DRB-HICOM BERHAD, THROUGH MAYBANK INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING VOTING SHARES OF KLB NOT ALREADY HELD BY KLAS AND PERSONS ACTING IN CONCERT WITH IT ("PAC") ("OFFER SHARES") FOR A CASH OFFER PRICE OF RM1.55 PER OFFER SHARE ("OFFER")
Attachments	:	Press Notice dated 16 January 2014.pdf
Announcement Details/Table Section : We refer to the announcements in relation to the Offer dated 25 October 2013, 9 December 2013, 10 December 2013, 16 December 2013, 9 January 2014 and 16 January 2014, as well as the offer document dated 30 December 2013 issued by Maybank Investment Bank Berhad on behalf of the Offeror in relation to the Offer ("Offer Document") and the independent advice circular in relation to the Offer dated 9 January 2014. KLB wishes to announce that Maybank Investment Bank Berhad, on behalf of the Board of Directors of KLAS, has notified the holders of the Offer Shares that the closing time and date for acceptance of the Offer have been extended from 5.00 p.m. (Malaysian time) on Monday, 20 January 2014 to 5.00 p.m. (Malaysian time) on Friday, 28 February 2014, being the 60thday from the posting of the Offer Document ("Final Closing Date") in order to provide the remaining holders of the Offer Shares with additional time to accept the Offer. As the Offer is unconditional as to acceptances, the closing date of the Offer shall not be later than the 60thday from the posting of the Offer Document. Accordingly the Offer cannot be extended any further and will close on the Final Closing Date. Attached is the press notice from Maybank Investment Bank Berhad, on behalf of the Board of Directors of KLAS in relation to the said extension. Please also refer to DRB-HICOM Berhad's announcement dated 16 January 2014 for further details. This announcement is dated 20 January 2014.

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