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Neither Naspers, MIHH nor MIHL are under any obligation to (and expressly disclaims any such obligations to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Complete details of Naspers' offer to MIHL shareholders have been set forth in a registration statement and other appropriate filings made with the SEC.
Investors will be able to obtain any documents filed with the SEC relating to the offer by Naspers to MIHL shareholders from the SEC's Public Reference Room at 450 Fifth Street, N.
The reorganization will significantly simplify the corporate structure and operation of the Naspers group and will improve liquidity for current MIHH and MIHL shareholders.
Other benefits of the reorganization include Naspers' ability to access capital markets in the United States, through its secondary listing on Nasdaq, and the alignment of the operational structure of Naspers and MIHL.
Under British Virgin Islands' law, MIHL shareholders who dissent to the merger and do not wish to receive the merger consideration will be entitled to payment, in cash, of the fair value of their MIHL Class A ordinary shares.
Following these transactions, MIHL now owns approximately 36.
Cobus Stofberg, CEO of MIHL and Chairman of OpenTV, commented: "Motorola is an important player in the rollout of interactivity to the cable market in the US and we are thrilled by its endorsement of OpenTV through this significant increase in its shareholding.
OpenTV has established itself as the world leader in ITV and, as the controlling shareholder, MIHL has played a key role in its growth and development.
MIHL has also invested in several growth opportunities, particularly in South East Asia and China, which are key focus areas in our Internet strategy.
Technology is changing the lives of businesses and people all over the world presenting MIHL with many challenges and opportunities.
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- Mihara, Hiroshima
- Mihayl Vaci
- Miháyl Váci
- Mihkel Koolmeister
- Mihkel Veske
- Mihri Hatun
- Mii (disambiguation)