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1.11 The timeline in respect of the Offer is as follows:
Notice served on the Board of Offeree - 13 October 2025
Posting of this Offer Document - 3 November 2025
Last day for the issuance of the Independent Advice Circular - 13 November 2025
First Closing Date(1) - 24 November 2025
Chon Wai, either
(i) They mandatory take-over and refund you 2.35 per share (GenT > 90%),
(ii) Or they have one last offer (at the same price or usually higher) before finally get delisted by Bursa, but expect many more months later, whereby any last unsold shareholder would become a private owner of GenM for good (75% < GenT < 90%),
(iii) Or you stay as a shareholder with your shares still tradable on Bursa (GenT < 75%).
ChatGPT summarises in two sentences:
For Genting (the parent): This is a logical next step to enable global ambition and unified execution.
For GENM minority shareholders / investors: The offer provides a clean exit at a premium, but may undervalue the longer‐term upside and brings risks of less transparency post‑privatisation.
