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Further to the
announcement dated
9
April 2007,
Aseambankers Malaysia Berhad, on behalf of IJM, wishes to announce
that the Securities Commission (“SC”), had vide its letter dated 10
April 2007, granted an extension of time of two (2) market days from
the date of approval of the SC (under the Guidelines on the
Acquisition of Interests, Mergers and Take-Overs by Local and
Foreign Interests (“FIC Guidelines”)) to despatch the offer document
to Reco Homebuilder (M) Sdn Bhd for the MGO. The approval from the
SC under the FIC Guidelines is still pending.
RB Land Sdn Bhd is
a 70% subsidiary of listed RB Land Holdings Berhad, which is a
69.96% listed subsidiary of Road Builder (M) Holdings Berhad, which
in turn is a 94.95% subsidiary of IJM.
This announcement
is dated 11 April 2007. |