Stock Report

Allsec Technologies Corrigendum to Open Offer



Posted On : 2006-11-17 07:18:45( TIMEZONE : IST )

Allsec Technologies Corrigendum to Open Offer

Yes Bank Ltd ("Manager to the Offer") on behalf of First Carlyle Ventures Mauritius ("Acquirer") along with Carlyle Asia Growth Partners III, L.P. & CAGP III Co-Investment, L.P. ("Person Acting in Concert"/ ("PACs")) has issued this Corrigendum to the Public Announcement to the equity shareholders of Allsec Technologies Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the original Public Announcement ("PA") dated August 29, 2006. The Shareholders of the Target Company are requested to note the following developments / amendments with respect to and in connection with the PA:

Revised schedule of Activities as follows:

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Activity				Original Schedule		Revised Schedule
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Specified Date			August 30, 2006			August 30, 2006
Date of Opening of the Offer	October 23, 2006		November 21, 2006
Date of Closing of the Offer	November 11, 2006		December 11, 2006
------------------------------------------------------------------------------------------

All other terms and conditions of the offer remain unchanged.

Source : Equity Bulls

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