Hoofddorp, 16 maart 2009 - Satyam Computer Services Ltd (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) kondigt aan dat het proces van de registratie van bieders, dat donderdag 12 maart 2009 afliep, goede reacties heeft opgeleverd. Diverse Indiase en internationale partijen, waaronder investeringsmaatschappijen, hebben gereageerd op het biedingsproces.
Hieronder vindt u het volledige Engelse persbericht.
Satyam Announces Outcome of Board MeetingHyderabad, INDIA, March 13, 2009: Satyam Computer Services Ltd. (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) (Company) announced today that the process of registration of bidders, which ended yesterday, has received adequate response from Indian and international bidders, including private equity firms.
At its meeting today, Satyam’s Board of Directors (Board) announced that it has taken steps to release the Request for Proposals (RFP) in the course of the day to all registered bidders.
The Board had requested the Former Chief Justice of India, Mr. S.P. Bharucha, to oversee and guide the Board throughout the selection process and he has kindly agreed. The Board met with Mr Bharucha on March 11, 2009 in Mumbai and discussed the proposed process for the induction of a strategic investor.
Under the procedure finalized by the Board, the Expression of Interest (EOI) from interested bidders along with proof of funds of Rs. 1500 crores (US$290 million based on exchange rate of Rs. 51.635 to US$1) is expected to be received by 5:00 pm Indian Standard Time on Friday, March 20, 2009.
Bidders who have submitted compliant EOIs and executed certain pre-transaction documents, will have access to data and information regarding the Company to enable them to submit technical and financial bids.
AS Murty, CEO of the Company, briefed the Board on his recent visit to Singapore and Australia to meet with customers and Satyam associates. He will be making a trip to the US for a similar purpose.
This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the Company and that will contain detailed information about the Company and its management, as well as financial statements. The Company does not intend to register any securities in the United States or to conduct a public offering of securities in the United States.
This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein, including statements regarding the global competitive bidding process, are subject to various risks and uncertainties and there can be no assurance that the Company will be able to find a qualified investor.
Over SatyamSatyam (Euronext Amsterdam: SAYE, NYSE: SAY) is een vooraanstaande wereldwijde business- en IT-dienstverlener. Het bedrijf levert diensten op het gebied van advies, systeemintegratie en outsourcing aan klanten in verschillende sectoren.
Satyam beschikt over een brede, functionele expertise, hoogwaardige technologische kennis en een geavanceerd wereldwijd leveringsmodel om bedrijven te helpen bij het optimaal inrichten van hun belangrijkste processen en hun prestaties te verhogen. De professionals van Satyam blinken onder andere uit in engineering, productontwikkeling, supply chain management, CRM, BPM, BI, enterprise integration en infrastructuurbeheer.
Vanuit zijn Development Centres in de Verenigde Staten, Canada, Brazilië, het Verenigd Koninkrijk, Hongarije, Egypte, de Verenigde Arabische Emiraten, India, China, Maleisië, Singapore en Australië bedient Satyam een groot aantal klanten, waaronder uit de Fortune 500. Voor meer informatie:
www.satyam.com.
Voor meer informatie:Lammers van Toorenburg PR
Lianne van Dijk
Tel.: 030- 65 65 070
E-mail :
lianne@lvtpr.nlSatyam Computer Services Ltd.
Sandeep Thawani
Tel.: +44 (0) 20 7715 5000
Email:
Sandeep_thawani@satyam.com
Safe Harbor
This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Satyam undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading “Risk Factors” in our report on Form 6-K concerning the quarter ended December 31, 2007, furnished to the United States Securities Exchange Commission on January 28, 2008 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at www.sec.gov. This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from Satyam and that will contain detailed information about Satyam and its management, as well as financial statements.