Meghraj SP Corporate Finance (Pvt) Ltd ("Manager to the Offer"), on behalf of Alpine Builders Pvt Ltd, Jaz Exports & Engineering Pvt Ltd, Mr. S A Kabeer, Mr. S A Rasheed, Mr. S M Mohsin, Mr. S M Muneer, Mrs. Anisa Banu, Mrs. Athiya Begum, Mrs. Sabiha Talhath, Mr S A Rahaman, Mrs Rehana Parveen & Mrs Nishad Dawood ("Acquirers") has issued this Corrigendum to the Public Announcement to the shareholders of Alpine Housing Development Corporation Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Original Public Announcement ("PA") dated December 13, 2006 and Corrigendum to the Public Announcement dated January 04, 2007 ("the First Corrigendum"), pursuant to Regulation 11(1) & 11(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto.
SEBI vide its letter dated March 22, 2007 ("The SEBI Observation Letter") has issued its observation in terms of the proviso to Regulation 18(2) of the SEBI Takeover Code on the draft letter of offer submitted to SEBI. Accordingly the shareholders of the Target Company are requested to note the following:
The original and revised scheduled of major activities under the Offer is as follows:
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Activity Original Schedule Revised Schedule
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Specified Date January 03, 2007 January 03, 2007
Date of Opening of the Offer February 05, 2007 April 09, 2007
Date of Closing of the Offer February 24, 2007 April 28, 2007
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