HONG LEONG ASIA LTD. (Incorporated in the Republic of Singapore) (Company Registration No G)
|
|
- Ethelbert Perkins
- 5 years ago
- Views:
Transcription
1 HONG LEONG ASIA LTD. (Incorporated in the Republic of Singapore) (Company Registration No G) PROPOSED SALE BY HONG LEONG ASIA LTD. OF THE BUILDING MATERIALS BUSINESS OF THE GROUP TO TASEK CORPORATION BERHAD ( TASEK OR THE PURCHASER ), A COMPANY LISTED ON BURSA MALAYSIA SECURITIES BERHAD, IN EXCHANGE FOR CASH AND SHARES IN TASEK (THE PROPOSED TRANSACTION ) 1. INTRODUCTION The Board of Directors of Hong Leong Asia Ltd. (the "Company" or HLA and together with its subsidiaries, the Group ) refers to the Company s announcement dated 28 April 2008 (the First Announcement ) on the conditional share sale and purchase agreement (the "Share Sale and Purchase Agreement") entered into between the Company and Tasek in relation to the Proposed, and the subsequent announcement dated 30 June 2008 (the "Second Announcement") of a supplementary agreement to the Share Sale and Purchase Agreement (the First Supplementary SPA ) to amend the Share Sale and Purchase Agreement. Unless otherwise defined in this Announcement, capitalized terms used in this Announcement shall bear the same meanings as defined in the First Announcement or the Second Announcement (as the case may be). The Board wishes to announce that the Company has today entered into a second supplementary agreement to the Share Sale and Purchase Agreement (the Second Supplementary SPA ) with Tasek to amend the Share Sale and Purchase Agreement. Save as amended by the First Supplementary SPA and the Second Supplementary SPA, all other terms and conditions of the Share Sale and Purchase Agreement are to continue in full force and effect. 2. SALIENT AMENDMENTS TO THE SHARE SALE AND PURCHASE AGREEMENT 2.1 HL Karimun Granite Pte Ltd ( HL Karimun ) The Company and Tasek have agreed that the shares in HL Karimun shall be excluded from the Proposed. Accordingly, references in this Announcement to Sale Companies and Sale Shares shall be construed to exclude HL Karimun and the shares in HL Karimun, respectively. 2.2 Sale Consideration Given the foregoing, the Company and Tasek have agreed that the aggregate consideration for the sale of the Sale Shares shall be S$288.1 million, which shall be satisfied by:- (a) (b) the issue and allotment to the Company or its nominee of approximately million fully-paid new ordinary shares of RM1.00 each in the capital of the Purchaser (the Consideration Shares ) at the issue price of RM3.54 (which is equivalent to approximately S$1.52 based on the exchange rate of S$1:RM as at 23 April 2008) for each Consideration Share (the Issue Price ). The Consideration Shares will not be entitled to the Proposed Special Dividend; and the payment of RM30 million in cash to the Company.
2 The Consideration Shares represent approximately 49.46% of the enlarged issued share capital of the Purchaser. Following the completion of the Proposed, the Group will have a shareholding interest of approximately 65.59% of the enlarged issued share capital of Tasek and Tasek will become a subsidiary of the Group. Based on the proforma consolidated accounts of the proforma group comprising the Sale Companies as at 31 December 2007, the Group will realize a net gain of approximately S$62.71 million upon the completion of the sale and purchase of the Sale Shares. This net gain represents the difference between the value ascribed to the Sale Companies under the Proposed, and the value at which they are currently held in the books of the Group, taking into account the effective change in the shareholding in the Sale Companies before and after the Proposed but without taking into account any fair value adjustment. 3. FINANCIAL EFFECTS For illustrative purposes only, certain estimated financial effects of the Proposed on the share capital of the Company, the net asset value (excluding minority interests) ("NAV") per ordinary share in the capital of the Company (the Share ), earnings per Share ("EPS") and gearing of the Group, based on the audited consolidated financial statements of the Group for the financial year ended 31 December 2007, including the results of the Purchaser consolidated into the Group for the 12 months ended 31 December 2007, and the Purchaser group s consolidated balance sheet as at 31 December 2007, are set out below:- (a) Share Capital The Proposed will have no impact on the number of issued Shares of the Company. (b) NAV Assuming that the Proposed had been completed on 31 December 2007, the effect of the Proposed on the consolidated NAV of the Group would be as follows:- Consolidated NAV No. of issued and paid-up Shares as at 31 December 2007 ( 000) NAV per Share as at 31 December 2007 (S$) 593, , , ,
3 (c) EPS Assuming that the Proposed had been completed on 1 January 2007, the effect of the Proposed on the EPS of the Group would be as follows:- Profit after income tax and minority interests Weighted average number of issued and paid-up Shares ( 000) (diluted) 95, , , ,672 EPS (diluted) (cents) (d) Gearing The effect of the Proposed on the gearing of the Group would be as follows:- Total borrowings (1) 529, ,975 Net assets (2) 1,331,163 1,521,133 Gearing (times) (3) Notes:- (1) Total borrowings comprise long-term borrowings and short-term borrowings. (2) Net assets equals total assets less total liabilities. (3) Gearing is defined as total external borrowings divided by net assets. 4. RELATIVE FIGURES ON THE BASES SET OUT IN RULE 1006 OF THE LISTING MANUAL The relative figures for the Proposed computed on the bases set out in Rule 1006 of the Listing Manual, based on the audited financial statements of the Group for the financial year ended 31 December 2007 and the proforma consolidated accounts of the Sale Companies as at 31 December 2007 are set out below. 3
4 Bases under Rule 1006 Rule 1006(a) As at 31 December 2007 NAV of the Sale Shares (1) 105,833 NAV of the Group (1) 593,303 Size of relative figure 18% Rule 1006(b) Net profits attributable to the Sale Shares (2) For financial year ended 31 December ,122 Net profits of the Group (2) 229,610 Size of relative figure 17% Rule 1006(c) Aggregate amount of consideration for the Proposed Market capitalisation (3) of the Company as at 21 August 2008 (being the last trading day immediately preceding the date of the Second Supplementary SPA) 288, ,535 Size of relative figure 62% Rule 1006(d) Number of equity securities to be issued by the Company as consideration for the acquisition compared with the number of equity securities previously in issue Not Applicable Notes:- (1) Net asset value refers to the total assets less total liabilities and minority interests. (2) Based on profits before income tax, minority interest and extraordinary items. (3) The market capitalisation of the Company is based on 381,392,018 Shares in issue as at 21 August 2008 (being the last trading day immediately preceding the date of the Second Supplementary SPA) and the weighted average price of the Shares transacted on the SGX-ST on 21 August 2008 of S$ CIRCULAR AND DOCUMENT AVAILABLE FOR INSPECTION As stated in the First Announcement and Second Announcement, unless a waiver is obtained from the SGX-ST in respect of the requirement for Shareholders approval, a circular to Shareholders containing further information on the Proposed and the other matters contemplated under the Share Sale and Purchase Agreement (as amended by the First Supplementary SPA and the Second Supplementary SPA) and enclosing the notice of the EGM will be despatched by the Company to Shareholders in due course. 4
5 A copy of the Second Supplementary SPA will be made available for inspection by Shareholders during normal business hours at the registered office of the Company for a period of 3 months from the date of this Announcement. By Order of the Board Yeo Swee Gim, Joanne Ng Siew Ping, Jaslin Company Secretaries 22 August 2008 Singapore 5
HONG LEONG ASIA LTD. (Company Registration No G) (Incorporated in the Republic of Singapore)
HONG LEONG ASIA LTD. (Company Registration No. 196300306G) (Incorporated in the Republic of Singapore) ANNOUNCEMENT INCORPORATION OF NEW WHOLLY-OWNED SUBSIDIARIES, AND ACQUISITION BY HONG LEONG ASIA LTD.
More informationHONG LEONG ASIA LTD. Company Registration No G (Incorporated in the Republic of Singapore) ANNOUNCEMENT
HONG LEONG ASIA LTD. Company Registration No. 196300306G (Incorporated in the Republic of Singapore) ANNOUNCEMENT PROPOSED MERGER OF THE CONSUMER PRODUCT BUSINESSES OF HONG LEONG ASIA LTD. GROUP AND GUANGZHOU
More informationSEN YUE HOLDINGS LIMITED (formerly known as PNE Micron Holdings Ltd) Registration Number M (Incorporated in the Republic of Singapore)
SEN YUE HOLDINGS LIMITED (formerly known as PNE Micron Holdings Ltd) Registration Number 200105909M (Incorporated in the Republic of Singapore) PROPOSED ACQUISITION OF BALANCE 50% SHAREHOLDING INTEREST
More information(Company Registration No C) (Incorporated in the Republic of Singapore) (the Company )
(Company Registration No. 199901514C) (Incorporated in the Republic of Singapore) (the Company ) PROPOSED DISPOSAL OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF SEMICONDUCTOR TECHNOLOGIES & INSTRUMENTS
More informationTHE PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF TOPWIN INVESTMENT HOLDING PTE LTD
BREADTALK GROUP LIMITED (Co. Reg. No. 200302045G) THE PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF TOPWIN INVESTMENT HOLDING PTE LTD 1. BACKGROUND INFORMATION The Board of Directors
More informationEXIT OFFER by. CITIGROUP GLOBAL MARKETS SINGAPORE PTE. LTD. (Incorporated in Singapore) (Company Registration No.: E) for and on behalf of
EXIT OFFER by CITIGROUP GLOBAL MARKETS SINGAPORE PTE. LTD. (Incorporated in Singapore) (Company Registration No.: 199002673E) for and on behalf of FINCANTIERI OIL & GAS S.p.A. (Incorporated in Italy) (Company
More informationBONVESTS HOLDINGS LIMITED (Registration No M)
BONVESTS HOLDINGS LIMITED (Registration No. 196900282M) ACQUISITION OF SHARES IN RICHVEIN PTE LTD The Board of Directors ("Board") of Bonvests Holdings Limited (the "Company", and together with its subsidiaries,
More information(collectively referred to as the Maximum Scenario ).
YNH PROPERTY BERHAD ( YNH OR THE COMPANY ) (I) (II) (III) PROPOSED BONUS ISSUE; PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND PROPOSED M&A AMENDMENTS (COLLECTIVELY REFERRED TO AS PROPOSALS ) 1. INTRODUCTION
More informationUnless otherwise stated, the exchange rate for the purpose of this Announcement is assumed to be SGD1.00 : RM
Page 1 of 8 PARKSON HOLDINGS BERHAD ( PHB OR THE COMPANY ) PROPOSED INTERNAL REORGANISATION OF PHB S GROUP STRUCTURE WHICH ENTAILS THE PROPOSED DISPOSAL OF THE ENTIRE 67.6% EQUITY INTEREST IN PARKSON RETAIL
More informationKIAN HO BEARINGS LTD (Incorporated in the Republic of Singapore) (Company Registration No.: N)
KIAN HO BEARINGS LTD (Incorporated in the Republic of Singapore) (Company Registration No.: 197302030N) (A) (B) THE COMPLETION OF PROPOSED INTERNAL GROUP RESTRUCTURING; AND THE PROPOSED CHANGE OF NAME
More informationDIVESTMENT OF METRO HOLDINGS LTD S INDIRECT INTEREST OF 30% IN NANCHANG TOP SPRING REAL ESTATE CO., LTD ( NANCHANG TOP SPRING )
METRO HOLDINGS LIMITED (Company Registration No. 197301792W) DIVESTMENT OF METRO HOLDINGS LTD S INDIRECT INTEREST OF 30% IN NANCHANG TOP SPRING REAL ESTATE CO., LTD ( NANCHANG TOP SPRING ) 1. INTRODUCTION
More information(Company Registration No.: G) (Incorporated in Singapore)
(Company Registration No.: 191200018G) (Incorporated in Singapore) THE PROPOSED OFFERING AND LISTING OF THE ENGINEERING AND CONSTRUCTION BUSINESS OF UNITED ENGINEERS LIMITED 1. Introduction The Board of
More informationFurther details on the Proposed Bonus Issue are set out in the ensuing sections.
BOUSTEAD PLANTATIONS BERHAD ( BPB OR COMPANY ) PROPOSED BONUS ISSUE OF 640,000,000 NEW ORDINARY SHARES IN BPB ( BPB SHARES ) ( BONUS SHARES ) ON THE BASIS OF 2 BONUS SHARES FOR EVERY 5 EXISTING BPB SHARES
More informationHOE LEONG CORPORATION LTD. (Company registration number W) (Incorporated in the Republic of Singapore)
HOE LEONG CORPORATION LTD. (Company registration number 199408433W) (Incorporated in the Republic of Singapore) ACQUISITION OF 51% IN ARIES OFFSHORE SINGAPORE PTE. LTD. AND ASSIGNMENT OF SHAREHOLDERS'
More informationThe Company, GREIC and GREIH shall hereinafter be collectively referred to as the Parties.
APEX-PAL INTERNATIONAL LTD. (Company Registration Number 199604816E) (Incorporated in the Republic of Singapore) HEADS OF AGREEMENT FOR THE PROPOSED SUBSCRIPTION IN THE ISSUED AND PAID-UP SHARE CAPITAL
More informationJUBILEE INDUSTRIES HOLDINGS LTD. (Company Registration No H) (Incorporated in the Republic of Singapore) LOAN AGREEMENTS
JUBILEE INDUSTRIES HOLDINGS LTD. (Company Registration No.200904797H) (Incorporated in the Republic of Singapore) LOAN AGREEMENTS Unless otherwise specified herein or where the context otherwise requires,
More informationASIA-PACIFIC STRATEGIC INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No H)
ASIA-PACIFIC STRATEGIC INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 200609901H) PROPOSED ACQUISITION OF SHARES IN THE CAPITAL OF IPC CORPORATION LIMITED OWNED
More informationUnaudited First Quarter Financial Statement For The Period Ended 31 March 2017
HONG LEONG ASIA LTD. (REGISTRATION NO. 196300306G) Unaudited First Quarter Financial Statement For The Period Ended 31 March 2017 PART I - INFORMATION REQUIRED FOR ANNOUNCEMENTS OF QUARTERLY (Q1, Q2 &
More informationUNITED FIBER SYSTEM LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: E
UNITED FIBER SYSTEM LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: 199508589E PROPOSED S$1.88 BILLION ACQUISITION OF 66.9998% OF PT GOLDEN ENERGY MINES TBK ( PROPOSED
More informationNET PACIFIC FINANCIAL HOLDINGS LIMITED (Incorporated in Singapore on 9 January 2003) (Company registration no D)
NET PACIFIC FINANCIAL HOLDINGS LIMITED (Incorporated in Singapore on 9 January 2003) (Company registration no. 200300326D) THE PROPOSED DISPOSAL OF THE ENTIRE EQUITY INTERESTS IN K PLAS MOULDING PTE. LTD.
More information(1) PROPOSED CONSTRUCTION OF AN INTEGRATED LOGISTICS HUB AT TANJONG KLING ROAD (2) WAIVER FROM COMPLIANCE OF RULE 1014(2) OF THE LISTING MANUAL
COGENT HOLDINGS LIMITED (Registration No: 200710813D) (Incorporated in the Republic of Singapore) (1) PROPOSED CONSTRUCTION OF AN INTEGRATED LOGISTICS HUB AT TANJONG KLING ROAD (2) WAIVER FROM COMPLIANCE
More informationPROPOSED CAPITAL REDUCTION AND CASH DISTRIBUTION; AND PROPOSED DISPOSAL OF 75% EQUITY INTEREST IN KSB CHINA HOLDINGS PRIVATE LIMITED
ELITE KSB HOLDINGS LIMITED Registration No. 200100824G (A) (B) PROPOSED CAPITAL REDUCTION AND CASH DISTRIBUTION; AND PROPOSED DISPOSAL OF 75% EQUITY INTEREST IN KSB CHINA HOLDINGS PRIVATE LIMITED (A) PROPOSED
More informationFurther details of the Proposed Bonus Issue are set out below.
ECS ICT BERHAD ( ECSB OR COMPANY ) PROPOSED BONUS ISSUE OF 60,000,000 NEW ORDINARY SHARES OF RM0.50 EACH IN ECSB ( ECSB SHARES OR SHARES ) ( BONUS SHARES ) TO BE CREDITED AS FULLY PAID-UP ON THE BASIS
More informationKHONG GUAN FLOUR MILLING LIMITED Company Registration No G (Incorporated in the Republic of Singapore)
KHONG GUAN FLOUR MILLING LIMITED Company Registration No. 196000096G (Incorporated in the Republic of Singapore) PROPOSED DISPOSAL OF THE LONG-TERM QUOTED EQUITY INVESTMENT IN UNITED MALAYAN LAND BHD 1.
More informationPELIKAN INTERNATIONAL CORPORATION BERHAD ( PELIKAN OR THE COMPANY )
PELIKAN INTERNATIONAL CORPORATION BERHAD ( PELIKAN OR THE COMPANY ) (I) (II) PROPOSED RIGHTS ISSUE; AND PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL (COLLECTIVELY REFERRED TO AS THE PROPOSALS ) 1. INTRODUCTION
More informationTHE PROPOSED ACQUISITION OF SHARES IN THE CAPITAL OF UNITED INDUSTRIAL CORPORATION LIMITED
(Incorporated in Singapore) (Company Registration No. 196300438C) THE PROPOSED ACQUISITION OF SHARES IN THE CAPITAL OF UNITED INDUSTRIAL CORPORATION LIMITED 1. INTRODUCTION UOL Group Limited ( UOL ) wishes
More informationATLANTIC NAVIGATION HOLDINGS (SINGAPORE) LIMITED (Incorporated in Singapore) (Company Registration No E)
ATLANTIC NAVIGATION HOLDINGS (SINGAPORE) LIMITED (Incorporated in Singapore) (Company Registration No. 200411055E) (1) ISSUANCE OF CONVERTIBLE LOAN AND GRANT OF OPTION AND RIGHT OF FIRST REFUSAL TO SUBSCRIBE
More informationCORDLIFE GROUP LIMITED (Company Registration No.: E) (Incorporated in the Republic of Singapore) ACQUISITION OF SHARES IN STEMLIFE BERHAD
CORDLIFE GROUP LIMITED (Company Registration No.: 200102883E) (Incorporated in the Republic of Singapore) ACQUISITION OF SHARES IN STEMLIFE BERHAD 1. INTRODUCTION The Board of Directors ("Board") of Cordlife
More informationGreat Group Holdings Limited Company Registration No W (Incorporated in the Republic of Singapore)
1. INTRODUCTION The Board of Directors (the Board ) of Great Group Holdings Limited (the Company, together with its subsidiaries, the Group ) refers to the following earlier announcements: (iii) Its earlier
More informationThe Split Shares will, upon allotment and issuance, rank pari passu in all respects with each other.
EXCEL FORCE MSC BERHAD ( EFORCE OR THE COMPANY ) PROPOSED SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY 1 EXISTING ORDINARY SHARE IN EFORCE ( EFORCE SHARES ) INTO 2 ORDINARY SHARES IN EFORCE ( SPLIT SHARES
More informationVOLUNTARY UNCONDITIONAL GENERAL OFFER BY DBS BANK LTD., FOR AND ON BEHALF OF STAR ATTRACTION LIMITED, FOR WHEELOCK PROPERTIES (SINGAPORE) LIMITED
(Company Registration No. 197201797H) VOLUNTARY UNCONDITIONAL GENERAL OFFER BY DBS BANK LTD., FOR AND ON BEHALF OF STAR ATTRACTION LIMITED, FOR WHEELOCK PROPERTIES (SINGAPORE) LIMITED APPROVAL FOR (1)
More informationARTIVISION TECHNOLOGIES LTD. (Incorporated in the Republic of Singapore) (Company Registration No R)
ARTIVISION TECHNOLOGIES LTD. (Incorporated in the Republic of Singapore) (Company Registration No. 200407031R) PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF COLIBRI ASSEMBLY THAILAND
More informationBANYAN TREE HOLDINGS LIMITED (Company Registration Number H) SIGNING AND COMPLETION OF THE TRANSACTION WITH CHINA VANKE CO.
BANYAN TREE HOLDINGS LIMITED (Company Registration Number 200003108H) SIGNING AND COMPLETION OF THE TRANSACTION WITH CHINA VANKE CO., LTD 1. Introduction Banyan Tree Holdings Limited ( BTH, and together
More informationUnaudited First Quarter Financial Statement For The Period Ended 31 March 2018
HONG LEONG ASIA LTD. (REGISTRATION NO. 196300306G) Unaudited First Quarter Financial Statement For The Period Ended 31 March 2018 PART I - INFORMATION REQUIRED FOR ANNOUNCEMENTS OF QUARTERLY (Q1, Q2 &
More informationUnaudited First Quarter Financial Statement For The Period Ended 31 March 2016
HONG LEONG ASIA LTD. (REGISTRATION NO. 196300306G) Unaudited First Quarter Financial Statement For The Period Ended 31 March 2016 PART I - INFORMATION REQUIRED FOR ANNOUNCEMENTS OF QUARTERLY (Q1, Q2 &
More informationUnaudited Second Quarter And Half Year Financial Statement For The Period Ended 30 June 2016
HONG LEONG ASIA LTD. (REGISTRATION NO. 196300306G) Unaudited Second Quarter And Half Year Financial Statement For The Period Ended 30 June 2016 PART I - INFORMATION REQUIRED FOR ANNOUNCEMENTS OF QUARTERLY
More informationPROPOSED ACQUISITION OF 100% OF THE TOTAL NUMBER OF ISSUED SHARES IN THE SHARE CAPITAL OF NXGEN COMMUNICATIONS PTE LTD IN TWO TRANCHES
TELECHOICE INTERNATIONAL LIMITED (REG. NO. 199802072R) PROPOSED ACQUISITION OF 100% OF THE TOTAL NUMBER OF ISSUED SHARES IN THE SHARE CAPITAL OF NXGEN COMMUNICATIONS PTE LTD IN TWO TRANCHES 1. Introduction
More informationASIAMEDIC LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: E)
ASIAMEDIC LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: 197401556E) TERM SHEET IN RELATION TO THE PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF
More informationDISPOSAL BY THE GROUP OF 50% OF THE TOTAL ISSUED AND PAID-UP SHARE CAPITAL OF PT OASIS WATERS INTERNATIONAL
HYFLUX LTD (Incorporated in the Republic of Singapore) (Registration No. 200002722Z) DISPOSAL BY THE GROUP OF 50% OF THE TOTAL ISSUED AND PAID-UP SHARE CAPITAL OF PT OASIS WATERS INTERNATIONAL 1. INTRODUCTION
More information(i) the issued share capital of Hartalega is RM881,541,684 comprising 1,652,905,014 Hartalega Shares; and
HARTALEGA ( HARTALEGA OR THE COMPANY ) PROPOSED BONUS ISSUE 1. INTRODUCTION On behalf of the Board of Directors of Hartalega ( Board ), RHB investment Bank Berhad ( RHB Investment Bank ) wishes to announce
More informationUnaudited Second Quarter And Half Year Financial Statement For The Period Ended 30 June 2018
HONG LEONG ASIA LTD. (REGISTRATION NO. 196300306G) Unaudited Second Quarter And Half Year Financial Statement For The Period Ended 30 June 2018 PART I - INFORMATION REQUIRED FOR ANNOUNCEMENTS OF QUARTERLY
More informationLERENO BIO-CHEM LTD. (Registration No C) (Incorporated in the Republic of Singapore)
LERENO BIO-CHEM LTD. (Registration No. 197401961C) (Incorporated in the Republic of Singapore) PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF KNIT TEXTILE AND APPAREL PTE. LTD.
More informationECS HOLDINGS LIMITED (Incorporated in Singapore with limited liability) (Company Registration Number: R)
ECS HOLDINGS LIMITED (Incorporated in Singapore with limited liability) (Company Registration Number: 199804760R) PROPOSED LISTING OF SUBSIDIARY ON THE MAIN BOARD OF BURSA MALAYSIA SECURITIES BERHAD 1.
More informationTHE PROPOSED DISPOSAL OF THE ENTIRE INFORMATION TECHNOLOGY BUSINESS TO MR. ANG YEW JIN EUGENE
ALPHA ENERGY HOLDINGS LIMITED (formerly known as JK Tech Holdings Limited) (Incorporated in the Republic of Singapore) (Company Registration No. 200310813H) THE PROPOSED DISPOSAL OF THE ENTIRE INFORMATION
More informationPROPOSED ACQUISITIONS OF SHARES AND DEBT AS AN INTERESTED PERSON TRANSACTION
UPP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 196700346M) PROPOSED ACQUISITIONS OF SHARES AND DEBT AS AN INTERESTED PERSON TRANSACTION 1. INTRODUCTION 1.1 The
More informationCAPITALAND LIMITED Registration Number: N (Incorporated in the Republic of Singapore) ANNOUNCEMENT
CAPITALAND LIMITED Registration Number: 198900036N (Incorporated in the Republic of Singapore) ANNOUNCEMENT PROPOSED ACQUISITION OF SHARES IN ASCENDAS PTE LTD AND SINGBRIDGE PTE. LTD. BY CAPITALAND LIMITED
More informationSUNNINGDALE TECH LTD. (Company registration number R) (Incorporated in the Republic of Singapore)
SUNNINGDALE TECH LTD. (Company registration number 199508621R) (Incorporated in the Republic of Singapore) PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID UP CAPITAL OF ANCHORAGE SINGAPORE HOLDINGS
More informationANNOUNCEMENT MARKET ACQUISITIONS OF UNITS IN SUNTEC REAL ESTATE INVESTMENT TRUST
ANNOUNCEMENT MARKET ACQUISITIONS OF UNITS IN SUNTEC REAL ESTATE INVESTMENT TRUST 1. INTRODUCTION The Board of Directors (the Board ) of The Straits Trading Company Limited (the Company ) wishes to announce
More informationSYARIKAT TAKAFUL MALAYSIA BERHAD ( TAKAFUL MALAYSIA OR COMPANY )
SYARIKAT TAKAFUL MALAYSIA BERHAD ( TAKAFUL MALAYSIA OR COMPANY ) PROPOSED ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TAKAFUL MALAYSIA
More informationNot for Publication or Distribution in the United States, Canada, Japan or Australia
Not for Publication or Distribution in the United States, Canada, Japan or Australia This announcement is not an offer for sale of securities into the United States or elsewhere. The nil-paid rights and
More informationCORDLIFE GROUP LIMITED (Company Registration No.: E) (Incorporated in the Republic of Singapore)
CORDLIFE GROUP LIMITED (Company Registration No.: 200102883E) (Incorporated in the Republic of Singapore) ACQUISITION OF 7% SENIOR CONVERTIBLE NOTE DUE 2017 ISSUED BY CHINA CORD BLOOD CORPORATION 1. INTRODUCTION
More informationGAYLIN HOLDINGS LIMITED (Company Registration No M) (Incorporated in Singapore)
GAYLIN HOLDINGS LIMITED (Company Registration No. 201004068M) (Incorporated in Singapore) PROPOSED SUBSCRIPTION FOR 1,360,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF GAYLIN HOLDINGS LIMITED 1. INTRODUCTION
More informationFurther details on the Proposed Bonus Issue are set out in the following sections.
HUA YANG BERHAD ( HYB OR THE COMPANY ) PROPOSED BONUS ISSUE OF 18,000,000 NEW ORDINARY SHARES OF RM1.00 EACH IN HYB ( HYB SHARE(S) OR SHARE(S) ) ( BONUS SHARE(S) ) ON THE BASIS OF ONE (1) BONUS SHARE FOR
More informationSHARE ISSUANCE FOR DEBT CAPITALISATION AND CASH
SINO CONSTRUCTION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 200613299H) SHARE ISSUANCE FOR DEBT CAPITALISATION AND CASH I. Introduction The Company has today entered
More informationTHIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. PLEASE READ IT CAREFULLY.
CIRCULAR DATED 23 JANUARY 2018 THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. PLEASE READ IT CAREFULLY. This Circular is issued by Swee Hong Limited (the Company ). If you are in any
More informationPROPOSED DISPOSAL OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF SHC INSURANCE PTE. LTD.
SHC CAPITAL ASIA LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: 201201631D) PROPOSED DISPOSAL OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF SHC INSURANCE PTE. LTD.
More informationfulfils any other criteria and/or falls within such category as may be determined by the Option Committee from time to time.
MALAYSIA BUILDING SOCIETY BERHAD ( MBSB OR COMPANY ) PROPOSED ESTABLISHMENT OF AN EMPLOYEES SHARE OPTION SCHEME ( ESOS ) OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL (EXCLUDING TREASURY SHARES)
More informationthe balance Purchase Price on the date of completion ( Completion Date ); and
SINGAPORE MYANMAR INVESTCO LIMITED (Registration No. 200505764Z) (Incorporated in Singapore) PROPOSED DISPOSAL OF TPR MYANMAR LIMITED 1. INTRODUCTION The Board of Directors (the Board ) of Singapore Myanmar
More information(Incorporated in the Republic of Singapore) (Company Registration No H)
(Incorporated in the Republic of Singapore) (Company Registration No. 200613299H) DISPOSAL OF SUBSIDIARY ELITE BAY SDN BHD 1. INTRODUCTION The Board of Directors ( Board ) of Sino Construction Limited
More informationMTQ CORPORATION LIMITED (Incorporated in Singapore) (Co. Reg. No Z)
MTQ CORPORATION LIMITED (Incorporated in Singapore) (Co. Reg. No. 196900057Z) MAJOR TRANSACTION: ACQUISITION OF ALL THE ISSUED SHARE CAPITAL OF THE PREMIER GROUP 1) INTRODUCTION The Board of Directors
More informationOCEANUS GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: D) PROPOSED DEBT RESTRUCTURING OF THE COMPANY
OCEANUS GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: 199805793D) PROPOSED DEBT RESTRUCTURING OF THE COMPANY 1. INTRODUCTION 1.1. The Board of Directors ( Board
More informationANNOUNCEMENT. (each, a Stock Purchase Agreement ) in respect of the following:
ANNOUNCEMENT PROPOSED ACQUISITIONS OF STOCK UNITS IN WBL CORPORATION LIMITED BY WAY OF TWO CONDITIONAL STOCK PURCHASE AGREEMENTS AND A POSSIBLE CONDITIONAL MANDATORY GENERAL OFFER 1. INTRODUCTION 1.1 Proposed
More informationPROPOSED SHARES AND OPTIONS EXCHANGE OF THE ENTIRE ISSUED AND PAID-UP YUUZOO SHARES AND OUTSTANDING YUUZOO OPTIONS BY WAY OF A SCHEME OF ARRANGEMENT
CONTEL CORPORATION LIMITED (Incorporated in Bermuda) (Company Registration No.: 36658) PROPOSED SHARES AND OPTIONS EXCHANGE OF THE ENTIRE ISSUED AND PAID-UP YUUZOO SHARES AND OUTSTANDING YUUZOO OPTIONS
More informationUNITED ENVIROTECH LTD. (Incorporated in the Republic of Singapore) (Company registration no.: G)
UNITED ENVIROTECH LTD. (Incorporated in the Republic of Singapore) (Company registration no.: 200306466G) ACQUISITION OF THE BUSINESS, ASSETS AND PRINCIPAL SUBSIDIARIES OF MEMSTAR TECHNOLOGY LTD BY UNITED
More informationOSCL is the holding company of the following wholly-owned subsidiaries: Imel Assets Corporation, a corporation incorporated under the laws of Panama;
FALCON ENERGY GROUP LIMITED Company Registration No. 200403817G PROPOSED ACQUISITION BY THE COMPANY FROM SUNLIGHT MARINE SERVICES S.A. OF THE ENTIRE EQUITY INTEREST IN THE SHARE CAPITAL OF OILFIELD SERVICES
More informationELEKTROMOTIVE GROUP LIMITED (Incorporated in Singapore) (Company Registration Number Z)
ELEKTROMOTIVE GROUP LIMITED (Incorporated in Singapore) (Company Registration Number 199407135Z) This announcement has been reviewed by the Company s Sponsor, RHT Capital Pte. Ltd. ( Sponsor ), for compliance
More informationSINGAPORE POST LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: M)
SINGAPORE POST LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: 199201623M) STRENGTHENING OF ECOMMERCE PARTNERSHIP WITH ALIBABA GROUP HOLDING LIMITED - JOINT VENTURE AGREEMENT
More information(The Proposed Share Split and the Proposed Amendment are collectively referred to as the Proposals.) Basis and number of the Subdivided Shares
V.S. INDUSTRY BERHAD ( VSIB OR COMPANY ) (I) (II) PROPOSED SHARE SPLIT; AND PROPOSED AMENDMENT 1. INTRODUCTION On behalf of the Board of Directors of VSIB ( Board ), Maybank Investment Bank Berhad ( Maybank
More information(Company Registration Number: N) (Incorporated in the Republic of Singapore)
(Company Registration Number: 200003865N) (Incorporated in the Republic of Singapore) PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF SLOSHED! PTE. LTD. 1. INTRODUCTION The Board
More informationS i2i LIMITED (Incorporated in the Republic of Singapore) (Company Registration No R) (the Company )
S i2i LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 199304568R) (the Company ) PROPOSED ACQUISITION OF AN E-COMMERCE PLATFORM BY S I2I LIMITED FROM A SOFTBANK-LED FUND AND
More informationThe Seller is not related to any Directors or Controlling Shareholders of the Company.
CITYNEON HOLDINGS LIMITED (Registration No. 199903628E) (Incorporated in Singapore) PROPOSED ACQUISITION OF SCORPIO EAST PROPERTIES PTE. LTD. 1. INTRODUCTION The Board of Directors (the Board ) of Cityneon
More informationRAFFLES EDUCATION CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: N)
RAFFLES EDUCATION CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: 199400712N) OPTION AGREEMENT RELATING TO THE PROPOSED SALE OF LAND USE RIGHTS AND PROPERTIES
More informationEZION HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: E)
EZION HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: 199904364E) THE PROPOSED ISSUE OF UP TO APPROXIMATELY 22,573,570,909 1 NEW ORDINARY SHARES IN THE CAPITAL OF
More informationFurther details of the Proposed Settlement are set out in the ensuing sections.
HIBISCUS PETROLEUM BERHAD ( HIBISCUS PETROLEUM OR COMPANY ) PROPOSED SETTLEMENT OF AMOUNT OWING TO PING PETROLEUM LIMITED ( PING ) VIA ISSUANCE OF UP TO 4.88% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF
More informationYANLORD LAND GROUP LIMITED (Incorporated in the Republic of Singapore) (Company registration no K)
YANLORD LAND GROUP LIMITED (Incorporated in the Republic of Singapore) (Company registration no. 200601911K) APPENDIX I TO THE NOTICE OF ANNUAL GENERAL MEETING OF YANLORD LAND GROUP LIMITED DATED 10 APRIL
More informationPROPOSED DISPOSAL OF WBL S AUTOMOTIVE DIVISION
(Company Registration No. 191200018G) (Incorporated in Singapore) PROPOSED DISPOSAL OF WBL S AUTOMOTIVE DIVISION 1. THE PROPOSED DISPOSAL 1.1 Introduction The Board of Directors (the Board ) of United
More informationHL GLOBAL ENTERPRISES LIMITED (Company Registration No N) (Incorporated in the Republic of Singapore) ANNOUNCEMENT
HL GLOBAL ENTERPRISES LIMITED (Company Registration No. 196100131N) (Incorporated in the Republic of Singapore) ANNOUNCEMENT PROPOSED DISPOSAL OF 60% EQUITY INTEREST IN COPTHORNE HOTEL QINGDAO CO., LTD
More informationCEDAR STRATEGIC HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Company Registration No Z)
CEDAR STRATEGIC HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Company Registration No. 198003839Z) CONVERTIBLE LOAN FROM CONTROLLING SHAREHOLDER 1. INTRODUCTION The Board of Directors (the
More informationPLATO CAPITAL LIMITED
PLATO CAPITAL LIMITED PROPOSED SHARES ACQUSITION AND PROPOSED RCULS ISSUE AS AN INTERESTED PERSON TRANSACTION The Board of Directors of Plato Capital Limited (the Company, together with its subsidiaries,
More informationADVANCED SYSTEMS AUTOMATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No M) (the Company )
Asset Acquisitions and Disposals::PROPOSED ACQUISITION OF COMPANIES http://infopub.sgx.com/apps?a=cow_corpannouncement_content&b=announceme... Page 1 of 1 4/9/2018 Asset Acquisitions and Disposals::PROPOSED
More informationPROPOSED PLACEMENT OF 350,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF SIIC ENVIRONMENT HOLDINGS LTD. (THE PLACEMENT )
PROPOSED PLACEMENT OF 350,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF SIIC ENVIRONMENT HOLDINGS LTD. (THE PLACEMENT ) 1. INTRODUCTION The Board of Directors (the Board ) of SIIC Environment Holdings
More informationISR CAPITAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No G) (the Company )
ISR CAPITAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 200104762G) (the Company ) SUPPLEMENTAL AGREEMENT TO THE SALE AND PURCHASE AGREEMENT DATED 9 JUNE 2016 AND THE
More informationSINGAPORE EDEVELOPMENT LIMITED (Company Registration No W) (Incorporated in the Republic of Singapore)
CIRCULAR DATED 14 APRIL 2016 THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF YOU ARE IN DOUBT ABOUT ITS CONTENTS OR THE ACTION THAT YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR STOCKBROKER,
More informationRH PETROGAS LIMITED (Registration Number: Z)
RH PETROGAS LIMITED (Registration Number: 198701138Z) 1. THE PROPOSED CONVERSION OF THE OUTSTANDING DEBTS AMOUNTING TO AN AGGREGATE OF US$61,531,637 OWING TO RH CAPITAL LIMITED, SHARPTONE INVESTMENTS LIMITED
More informationREPL::Rights::Voluntary http://infopub.sgx.com/apps?a=cow_corpannouncement_content&b=announcem... Page 1 of 2 7/29/2016 REPL::Rights::Voluntary Issuer & Securities Issuer/ Manager Security IFS CAPITAL
More informationUMS HOLDINGS LIMITED (the Company ) (Company Registration No: R) (Incorporated in Singapore on 17 January 2001)
UMS HOLDINGS LIMITED (the Company ) (Company Registration No: 200100340R) (Incorporated in Singapore on 17 January 2001) PROPOSED DUAL LISTING ON THE KOSDAQ MARKET OF THE KOREA EXCHANGE (THE DUAL LISTING
More informationBOARDROOM LIMITED. Incorporated in the Republic of Singapore Company Registration No Z ANNOUNCEMENT
BOARDROOM LIMITED Incorporated in the Republic of Singapore Company Registration No 200003902Z ANNOUNCEMENT PROPOSED ACQUISITION OF SYMPHONY CORPORATEHOUSE SDN. BHD. AND ITS SUBSIDIARY, SKY CORPORATE SERVICES
More informationJUBILEE INDUSTRIES HOLDINGS LTD. (Company Registration No H) (Incorporated in the Republic of Singapore) ACQUISITION OF COMPANIES
JUBILEE INDUSTRIES HOLDINGS LTD. (Company Registration No. 200904797H) (Incorporated in the Republic of Singapore) ACQUISITION OF COMPANIES Unless otherwise specified herein or where the context otherwise
More informationCSC HOLDINGS LIMITED CIRCULAR THE PROPOSED RENEWAL OF THE SHARE BUYBACK MANDATE
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. PLEASE READ IT CAREFULLY. If you are in any doubt as to the action you should take, you should consult your stockbroker, bank manager,
More informationPENGUIN INTERNATIONAL LIMITED (Company Registration Number: Z)
PENGUIN INTERNATIONAL LIMITED (Company Registration Number: 197600165Z) INVESTMENT IN MARCO POLO MARINE LTD 1. INTRODUCTION 1.1 Further to the announcement on 8 November 2017, the Board of Directors (the
More informationNatSteel Ltd. (Incorporated in the Republic of Singapore)
NatSteel Ltd (Incorporated in the Republic of Singapore) PROPOSED SALE OF SINGAPORE AND REGIONAL STEEL BUSINESSES TO THE TATA IRON AND STEEL COMPANY LIMITED 1. INTRODUCTION 1.1 Proposed Transaction. The
More informationEXIT OFFER by. CITIGROUP GLOBAL MARKETS SINGAPORE PTE. LTD. (Incorporated in Singapore) (Company Registration No.: E) for and on behalf of
EXIT OFFER by CITIGROUP GLOBAL MARKETS SINGAPORE PTE. LTD. (Incorporated in Singapore) (Company Registration No.: 199002673E) for and on behalf of FINCANTIERI OIL & GAS S.p.A. (Incorporated in Italy) (Company
More informationTRANSPAC INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Unique Entity No: K
CIRCULAR DATED 1 APRIL 2011 THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action you should take, you should consult your stockbroker, bank
More informationABR HOLDINGS LIMITED
ABR HOLDINGS LIMITED Company Registration No. 197803023H (Incorporated in Singapore) PROPOSED ACQUISITION OF 50% OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF PT BINTAN LAGOON RESORT 1. INTRODUCTION
More informationAP OIL INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: M) (the Company )
AP OIL INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: 197502257M) (the Company ) THE PROPOSED TRANSFER OF THE BUSINESS RELATED TO THE MANUFACTURING AND
More informationSubscription of 30% interest in Thorium DC Pte. Ltd.
INJECTION OF INTEREST INTO ALPHA DC FUND PRIVATE LIMITED AND PROPOSED TRANSFER OF ALL THE ISSUED AND PAID-UP ORDINARY SHARES IN THE SHARE CAPITAL OF KEPPEL DC SINGAPORE 4 PTE. LTD. 1. INTRODUCTION The
More informationSINWA LIMITED (Company Registration No H) (Incorporated in Singapore)
SINWA LIMITED (Company Registration No. 200206542H) (Incorporated in Singapore) THE DISPOSAL OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL IN SINWA SS PTE. LTD, SEAFIRST MARINE SERVICES PTE. LTD, SINWA
More informationSTAR PHARMACEUTICAL LIMITED (Incorporated in the Republic of Singapore) (Company registration no.: W)
STAR PHARMACEUTICAL LIMITED (Incorporated in the Republic of Singapore) (Company registration no.: 200500429W) (A) THE DISPOSAL OF 14% EQUITY INTEREST IN BEIJING SHIJIA JIU SHENG YUAN PHARMACEUTICAL TECHNOLOGY
More informationDisclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s)... http://infopub.sgx.com/apps?a=cow_corpannouncement_content&b=announcem... Page 1 of 1 18/1/2016 Disclosure of
More informationADVANCER GLOBAL LIMITED (Company Registration No W) (Incorporated in the Republic of Singapore)
ADVANCER GLOBAL LIMITED (Company Registration No. 201602681W) (Incorporated in the Republic of Singapore) ACQUISITION OF SUBSIDIARY COMPANIES The Board of Directors (the Board ) of Advancer Global Limited
More information