CEMEX Holdings Philippines, Inc. (CHP) Tender Offer
Attention CHP Shareholders:
Dacon Corporation (the “Bidder” or “Dacon”) has declared an intention to conduct a mandatory tender offer (the “Tender Offer”) to acquire up to 1,367,271,961 common shares of CEMEX Holdings Philippines, Inc. (CHP), representing approximately up to 10.14% of the issued and outstanding common shares of CHP, which are held by shareholders other than Cemex Asian South East Corporation (CASEC).
Details of the Tender Offer:
Bidder: Dacon Corporation (the “Bidder” or “Dacon”)
Tender Offer Price: PHP 1.42 per share
Tender Offer Period: October 23, 2024 – November 21, 2024
Deadline to Tender: November 15, 2024, 12:00 noon.
Cross Date: November 26, 2024
Settlement Date: November 28, 2024
Should you wish to tender your CHP shares, kindly reply via email to bpitradecorpact@bpi.com.ph, and indicate the number of shares you wish to tender on or before November 15, 2024, at 12:00 noon.
For more information, the Tender Offer Report dated October 10, 2024, is available for downloading through the PSE Edge Website.
For any inquiries, please e-mail bpitradecorpact@bpi.com.ph or call BPI Trade hotline at 8580-4000.