30 Sep 2019 08:35:00
FMT inform Sale of the Company's Shares by the Major Shareholder(s). (The Second Notify Additional Information)
Tender Offer Subject : Tender offer Listed company subject to tender offer : FURUKAWA METAL (THAILAND) PUBLIC COMPANY LIMITED (FMT) Offeror : CTJ Holdings2 LLC. Offer price Common shares (baht per share) (Update) : 10.20 Tender offer (New) : Not for delisting Remark (New) : Such aggregate purchase price may change in accordance with the terms and conditions of the Share Sale and Purchase Agreement between the Seller and the Purchaser. Such purchase price shall be converted into Thai Baht at the Telegraphic Transfer Mid Rates (TTM) between Thai Baht and Japanese Yen in MUFG Bank, Ltd as of 2 March 2020 or any other date as may be agreed by the Seller and the Purchaser (the "Closing Date"). Upon the calculation from the exchange rate of MUFG Bank, Ltd as of 27 September 2019, the aggregate purchase price shall be Thai Baht 206,818,182 or equivalent to approximately Thai Baht 10.20 per share; provided, however that such price must change as this calculation is for reference only. ______________________________________________________________________ The transaction is subject to certain conditions precedent i.e. obtaining Competition Law clearance in Japan and Thailand, including regulatory approvals as required under applicable laws. ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.