October 31, 2011

Company announcements: HARVEST, SAM

HARVEST - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company Name: HARVEST COURT INDUSTRIES BHD
Stock Name: HARVEST
Date Announced: 31/10/2011

Announcement Detail:
Whether the corporate proposal involves the issuance of new type and new class of securities?: No

Types of corporate proposal: ESOS

Details of corporate proposal: ESOS

No. of shares issued under this corporate proposal: 754,900

Issue price per share ($$): MYR 0.250

Par Value ($$): MYR 0.250

Units: 173,347,773

Currency: MYR 43,336,943.250

Listing Date: 01/11/2011


SAM - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: SAM ENGINEERING & EQUIPMENT (M) BERHAD
Stock Name: SAM
Date Announced: 31/10/2011

Announcement Detail:
Type: Announcement

Subject: MULTIPLE PROPOSALS

Description: SAM ENGINEERING & EQUIPMENT (M) BERHAD ("SAM MALAYSIA" or "the Company")

- Proposed acquisition by SAM Malaysia of the entire issued and paid-up share capital of a special purpose vehicle (following the transfer to such vehicle by Singapore Aerospace Manufacturing Pte Ltd ("SAM Singapore") of the engine casing manufacturing division of SAM Singapore), for an initial purchase consideration of RM135.0 million subject to adjustment, to be satisfied via the issuance of 101.25 million irredeemable convertible unsecured loan stock ("ICULS") at an issue price of RM1.00 each to SAM Singapore and the remaining RM33.75 million in cash ("Proposed Acquisition"); and

- Proposed restricted issue of ICULS of 33.75 million ICULS to minority shareholders of SAM Malaysia ("Proposed Restricted Issue")

(Collectively referred to as "Proposals"


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