HLIND - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: HONG LEONG INVESTMENT BANK BERHAD
Company Name: HONG LEONG INDUSTRIES BERHAD
Stock Name: HLIND
Date Announced: 17/11/2010
Announcement Detail:
Type: Announcement
Subject: Hong Leong Industries Berhad ("HLI" or "Company")
i) Proposed Acquisition
ii) Proposed Subscription
iii) Proposed Rights Issue
iv) Proposed Demerger
Contents: On behalf of the Board of Directors of HLI, Hong Leong Investment Bank Berhad is pleased to announce the following:
(a) HLI had on 16 November 2010 entered into a conditional share sale agreement with Hong Leong Manufacturing Group Sdn Bhd (formerly known as Spectrum Arrangement Sdn Bhd) ("HLMG") for the proposed acquisition of the entire equity interest of Hume Industries (Malaysia) Sdn Bhd for a total purchase consideration of RM235.2 million to be satisfied by the issuance of 46,759,443 new ordinary shares of RM0.50 each in HLI ("HLI Share(s)") ("Proposed Acquisition");
(b) HLI had on 16 November 2010 entered into a conditional subscription agreement with Hume Cement Sdn Bhd and HLMG for the proposed subscription of up to 175 million 6-year 2% non-cumulative irredeemable convertible preference shares at the par value of RM1.00 each to be satisfied by cash ("Proposed Subscription");
(c) After the completion of the Proposed Acquisition, HLI proposes to undertake a rights issue of up to 159,736,405 new HLI Shares ("Rights Shares") on the basis of 1 Rights Share for every 2 HLI Shares held at an indicative issue price of RM1.45 per Rights Share ("Proposed Rights Issue"); and
(d) HLI proposes to distribute up to 119,802,303 ordinary shares of RM0.50 each in Malaysian Pacific Industries Berhad ("MPI") to the shareholders of HLI on the basis of 75 ordinary shares of RM0.50 each in MPI for every 300 HLI Shares held upon completion of the Proposed Acquisition and Proposed Rights Issue ("Proposed Demerger").
The Proposed Acquisition, Proposed Subscription, Proposed Rights Issue and Proposed Demerger are collectively referred to as "Proposals".
Please refer to the attachment for the full text on the Proposals.
We also attach the press release dated 16 November 2010.
This announcement is dated 16 November 2010.
Attachments: HLI announcement.pdf
Press release.pdf
Submitting Merchant Bank: HONG LEONG INVESTMENT BANK BERHAD
Company Name: HONG LEONG INDUSTRIES BERHAD
Stock Name: HLIND
Date Announced: 17/11/2010
Announcement Detail:
Type: Announcement
Subject: Hong Leong Industries Berhad ("HLI" or "Company")
i) Proposed Acquisition
ii) Proposed Subscription
iii) Proposed Rights Issue
iv) Proposed Demerger
Contents: On behalf of the Board of Directors of HLI, Hong Leong Investment Bank Berhad is pleased to announce the following:
(a) HLI had on 16 November 2010 entered into a conditional share sale agreement with Hong Leong Manufacturing Group Sdn Bhd (formerly known as Spectrum Arrangement Sdn Bhd) ("HLMG") for the proposed acquisition of the entire equity interest of Hume Industries (Malaysia) Sdn Bhd for a total purchase consideration of RM235.2 million to be satisfied by the issuance of 46,759,443 new ordinary shares of RM0.50 each in HLI ("HLI Share(s)") ("Proposed Acquisition");
(b) HLI had on 16 November 2010 entered into a conditional subscription agreement with Hume Cement Sdn Bhd and HLMG for the proposed subscription of up to 175 million 6-year 2% non-cumulative irredeemable convertible preference shares at the par value of RM1.00 each to be satisfied by cash ("Proposed Subscription");
(c) After the completion of the Proposed Acquisition, HLI proposes to undertake a rights issue of up to 159,736,405 new HLI Shares ("Rights Shares") on the basis of 1 Rights Share for every 2 HLI Shares held at an indicative issue price of RM1.45 per Rights Share ("Proposed Rights Issue"); and
(d) HLI proposes to distribute up to 119,802,303 ordinary shares of RM0.50 each in Malaysian Pacific Industries Berhad ("MPI") to the shareholders of HLI on the basis of 75 ordinary shares of RM0.50 each in MPI for every 300 HLI Shares held upon completion of the Proposed Acquisition and Proposed Rights Issue ("Proposed Demerger").
The Proposed Acquisition, Proposed Subscription, Proposed Rights Issue and Proposed Demerger are collectively referred to as "Proposals".
Please refer to the attachment for the full text on the Proposals.
We also attach the press release dated 16 November 2010.
This announcement is dated 16 November 2010.
Attachments: HLI announcement.pdf
Press release.pdf
ABFMY1 - ABF Malaysia Bond Index Fund - Valuation Point as at 16-11-2010
Announcement Type: General Announcement
Company Name: ABF MALAYSIA BOND INDEX FUND
Stock Name: ABFMY1
Date Announced: 18/11/2010
Announcement Detail:
Type: Announcement
Subject: ABF Malaysia Bond Index Fund - Valuation Point as at 16-11-2010
Contents: Fund: ABF Malaysia Bond Index Fund
NAV per unit (RM): 1.0865
Units in circulation (units): 537,421,800
Manager's Fee (% p.a.): 0.10
Trustee's Fee (% p.a.): 0.07
License Fee (% p.a.): 0.018
iBoxx ABF Malaysia IIndex: 1.2972
Issue Price (RM): 1.09
(rounded to nearest Sen)
For details of the In-Kind Creation/Redemption Basket, please refer to the attachment:
Attachments: ABF Valuation Point as at 16 November 2010.xls
Company Name: ABF MALAYSIA BOND INDEX FUND
Stock Name: ABFMY1
Date Announced: 18/11/2010
Announcement Detail:
Type: Announcement
Subject: ABF Malaysia Bond Index Fund - Valuation Point as at 16-11-2010
Contents: Fund: ABF Malaysia Bond Index Fund
NAV per unit (RM): 1.0865
Units in circulation (units): 537,421,800
Manager's Fee (% p.a.): 0.10
Trustee's Fee (% p.a.): 0.07
License Fee (% p.a.): 0.018
iBoxx ABF Malaysia IIndex: 1.2972
Issue Price (RM): 1.09
(rounded to nearest Sen)
For details of the In-Kind Creation/Redemption Basket, please refer to the attachment:
Attachments: ABF Valuation Point as at 16 November 2010.xls
HLIND - HLIND-TRADING HALT
Announcement Type: Listing Circular
Company Name: HONG LEONG INDUSTRIES BERHAD
Stock Name: HLIND
Date Announced: 18/11/2010
Announcement Detail:
Subject: HLIND-TRADING HALT
Contents: Further to Listing's Circular No. L/Q : 59139 of 2010, kindly be advised that trading in the above Company's shares will continue to be suspended from
9.00 a.m until 12.30 p.m., Thursday, 18 November 2010.
HLIND's shares will resume trading with effect from 2.30 p.m., Thursday, 18 November 2010.
Your attention is drawn to the Company's announcement dated 17 November 2010.
Company Name: HONG LEONG INDUSTRIES BERHAD
Stock Name: HLIND
Date Announced: 18/11/2010
Announcement Detail:
Subject: HLIND-TRADING HALT
Contents: Further to Listing's Circular No. L/Q : 59139 of 2010, kindly be advised that trading in the above Company's shares will continue to be suspended from
9.00 a.m until 12.30 p.m., Thursday, 18 November 2010.
HLIND's shares will resume trading with effect from 2.30 p.m., Thursday, 18 November 2010.
Your attention is drawn to the Company's announcement dated 17 November 2010.
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