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We refer to
the Offer Document that was despatched to the shareholders of RBL on
30 April 2007 and the announcements dated
19 March 2007
and
30 April 2007 respectively.
Pursuant to Section 25(1) of the Malaysian Code on Take-Overs and
Mergers, 1998, Aseambankers Malaysia Berhad on behalf of IJM, wishes
to announce that the MGO has closed as at 5.00 p.m. (Malaysian time)
on Monday, 21 May 2007 (“Closing Date”). As at Closing Date, IJM did
not receive acceptance from Reco Homebuilder to the MGO. As such,
there is no change to IJM’s interest in RBL.
RBL is a 70% subsidiary of RB Land Holdings Berhad, which is a
69.96% subsidiary of Road Builder (M) Holdings Bhd, which in turn is
a wholly-owned subsidiary of the Company.
This announcement is dated 21 May 2007.
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