Business
Appointment of Independent Financial Adviser
Appointment of Independent Financial Adviser.
About this update from Panther Metals Plc
[{"type":"text","content":"\n \nRNS Number : 9466Q Asian Plantations Limited 05 September 2014 \n \n\n5 September 2014\nASIAN PLANTATIONS LIMITED\n(\"Asian Plantations\" or the \"Company\")\n(Incorporated in the Republic of Singapore)\n(Company Registration Number: 200919551D)\n \n \nAppointment of Independent Financial Adviser\n \nFurther to the announcement of 29 August 2014, which set out the terms of the Offer (the \"Offer Announcement\"), the Board has, on 4 September 2014, appointed MS Corporate Finance Pte. Ltd as independent financial adviser (the \"IFA\") to advise Tan Sri Leo Moggie, the sole director of the Company considered to be independent for the purposes of the Offer (the \"Independent Director\"). \n \nA circular containing, inter alia, the advice of the IFA and the recommendation of the Independent Director in respect of the Offer, the Options Proposal and the Notes Offer will be sent to Shareholders, Option Holders and Note Holders, within 14 days from the date of dispatch of the Offer Document to be issued by the Offeror. \n \nIn the meantime, Shareholders, Option Holders and Note Holders, are advised to exercise caution when dealing in their Ordinary Shares and/or Options and/or Notes (as the case may be) or otherwise refrain from taking any action in relation to their Ordinary Shares and/or Options and/or Notes (as the case may be), which may be prejudicial to their interests, until they or their professional advisers have considered the information and the recommendations of the Independent Director as well as the advice of the IFA set out in Offeree Circular to be issued by the Company in due course.\n \nShareholders, Option Holders and Note Holders, who are in doubt as to the action they should take should consult their stockbroker, bank manager, solicitor or other professional advisers.\n \nDirectors' Responsibility Statement \n \nThe directors of the Company (including those who may have delegated detailed supervision of this announcement) have taken all reasonable care to ensure that the facts stated and opinions expressed in this announcement are fair and accurate and that there are no other material facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.\n \nWhere any information has been extracted or reproduc...