Report to Share Holders on Offer for Purchase of Company




Report to Share Holders on Offer for Purchase of Company :


ABC LIMITED

191 / N - Patricia Avenue
Liverpool – 600 020
Phone : 0011 - XXXXXXXX
Fax : 0011 - XXXXXXXX



May 5 - 2009


To :

XYZ LIMITED,
326 / H - Raman Nair Street,
Maalyvalley – 682 016.


Dear Sirs,


I am directed by the Directors to inform you that an offer has been received from M/s Mafatal Group for the purchase of the assets and the business of your Company subject to the following terms and conditions.


1. The purchasers will take over the assets and liabilities with a status – quo of the staff who will be merged in their existing establishments.


2. The purchasers will increase the capital so as to compete in a big way.


3. The Purchasers will pay for the Expenses of the winding up and make a cash payment of Rs. 100 in cash in respect of each share held by you.


The Directors feel that while your interests will be fully protected, the purchasers who posses most up–to-date plant and machinery and have a capacity to raise more capital will ensure a good business of the Company. They, accordingly, recommend the acceptance of the offer.


A notice of an extraordinary general meeting to discuss this matter is enclosed.


Yours Truly,


For ABC LIMITED


(V. RAJAN PETER)

Secretary




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Report to Share Holders on Offer for Purchase of Company
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