GKB Holdings extends closing date of offer

The offer is for all of the issued and paid-up ordinary shares in the capital of k1 Ventures.

On behalf of GKB Holdings Pte. Ltd., DBS Bank announced that the closing date of the offer will be extended from 5:30 p.m. on 15 August 2012 to 5:30 p.m. on 29 August 2012.

The announcement said the offeror has received valid acceptances of the offer in respect of 1,350,469,990 offer shares from the undertaking shareholders. As at 5:00 p.m. on 14 August 2012, it has received other valid acceptances of the offer in respect of 246,062,565 offer shares.

GKB Holdings has received valid acceptances of the offer amounting to an aggregate of 1,596,532,555 offer shares, representing approximately 73.72% of the total number of issued shares.