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PR Newswire
08-04-2013, 08:48 AM
Quote:Greater Execution Certainty
Any divestment which involves a change of control of TBC, including a trade sale, would require formal approvals from the Taiwanese regulatory authorities.
The Proposed Divestment would not require formal approvals from the Taiwan regulatory authorities as there is no change of control or owner of TBC, given the Trustee-Manager of APTT will continue to be a wholly-owned subsidiary of Macquarie Group Limited and Macquarie Group Limited will continue to hold an investment in TBC through APTT. As a result, the Proposed Divestment is expected to provide Shareholders with greater execution certainty.
http://info.sgx.com/webcoranncatth.nsf/V...600434E34/$file/MIIFSGMCircular08042013.pdf?openelement [MIIF SGM Circular]
(Not Vested)
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