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VIZTEL SOLUTIONS BHD VIZTEL (0050)

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last updated: 14-Jun-2011 12:00 AM
Company: VIZTEL SOLUTIONS BHD
Date Announced: 17-Dec-2010
Subject: VIZTEL SOLUTIONS BERHAD (“VIZTEL” OR THE “COMPANY”) • PROPOSED ACQUISITION; • PROPOSED SHARE EXCHANGE; • PROPOSED ISSUANCE OF SHARES; • PROPOSED OFFER FOR SALE; AND • PROPOSED TRANSFER OF LISTING STATUS (COLLECTIVELY REFERRED TO AS “PROPOSED RESTRUCTURING SCHEME”)
Content: (The abbreviations used herein have the same meaning as those defined in the Company's announcements dated 1 March 2010 and 23 April 2010) Reference is made to the announcements dated 1 March 2010 and 23 April 2010 in relation to the execution of the Definitive Agreement and Acquisition SPA. On behalf of the Board of Viztel, M&A Securities wishes to announce that on 17 December 2010:- (i) the Company and the Vendor had entered into an amended and restated definitive agreement to vary certain terms of the Definitive Agreement (“Restated Definitive Agreement”); and (ii) Systech and the Vendor had entered into an amended and restated conditional share purchase agreement to vary certain terms of the Acquisition SPA (“Restated Acquisition SPA”). Kindly refer to the attachment for further details. This announcement is dated 17 December 2010.
Attachment: viztel profit gtee ann(final).pdf
29-Apr-2011 OTHERS
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