KLUANG - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: KLUANG RUBBER COMPANY (MALAYA) BERHAD
Stock Name: KLUANG
Date Announced: 07/12/2011
Announcement Detail:
Date of change: 07/12/2011
Type of change: Redesignation
Previous Position: Director
New Position: Chairman
Directorate: Independent & Non Executive
Name: LEE SOO HOON
Age: 69
Nationality: MALAYSIAN
Qualifications: a)F.C.A. Institute of Chartered Accountants in England and Wales
b)Member of Singapore Institute of Certified Public Accountants
c)Member of Malaysian Institute of Certified Public Accountants
d)Member of Malaysian Institute of Accountants
e)Member of Singapore Institute of Directors
Working experience and occupation: a)Partner of Ernst & Young, Singapore (1978 - 1997)
b)Independent Director of Singapore Public Companies
c)Provides management and financial consultancy services
Directorship of public companies (if any): a)Kuchai Development Berhad
b)Sungei Bagan Rubber Company (Malaya) Berhad
Family relationship with any director and/or major shareholder of the listed issuer: No family relationship with other Directors and/or substantial shareholders of the Company
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Upon redesignation of Mr Lee Soo Hoon, the Board of Directors shall consist of the following:-
(1) Lee Soo Hoon - Independent Non-Executive Chairman
(2) Lee Chung-Shih - Executive Director
(3) Liew Chuan Hock - Independent Non-Executive Director
(4) Huang Yuan Chiang - Independent Non-Executive Director
(5) Edwards John Richard - Executive Director
(6) William Wong Tien Leong - Independent Non-Executive Director
Company Name: KLUANG RUBBER COMPANY (MALAYA) BERHAD
Stock Name: KLUANG
Date Announced: 07/12/2011
Announcement Detail:
Date of change: 07/12/2011
Type of change: Redesignation
Previous Position: Director
New Position: Chairman
Directorate: Independent & Non Executive
Name: LEE SOO HOON
Age: 69
Nationality: MALAYSIAN
Qualifications: a)F.C.A. Institute of Chartered Accountants in England and Wales
b)Member of Singapore Institute of Certified Public Accountants
c)Member of Malaysian Institute of Certified Public Accountants
d)Member of Malaysian Institute of Accountants
e)Member of Singapore Institute of Directors
Working experience and occupation: a)Partner of Ernst & Young, Singapore (1978 - 1997)
b)Independent Director of Singapore Public Companies
c)Provides management and financial consultancy services
Directorship of public companies (if any): a)Kuchai Development Berhad
b)Sungei Bagan Rubber Company (Malaya) Berhad
Family relationship with any director and/or major shareholder of the listed issuer: No family relationship with other Directors and/or substantial shareholders of the Company
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Upon redesignation of Mr Lee Soo Hoon, the Board of Directors shall consist of the following:-
(1) Lee Soo Hoon - Independent Non-Executive Chairman
(2) Lee Chung-Shih - Executive Director
(3) Liew Chuan Hock - Independent Non-Executive Director
(4) Huang Yuan Chiang - Independent Non-Executive Director
(5) Edwards John Richard - Executive Director
(6) William Wong Tien Leong - Independent Non-Executive Director
KLUANG - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: KLUANG RUBBER COMPANY (MALAYA) BERHAD
Stock Name: KLUANG
Date Announced: 07/12/2011
Announcement Detail:
Date of change: 07/12/2011
Type of change: Appointment
Designation: Director
Directorate: Executive
Name: EDWARDS JOHN RICHARD
Age: 54
Nationality: British
Qualifications: 1) Admitted as Solicitor of Hong Kong
2) Admitted as Solicitor of England & Wales
3) Liverpool University LLB(Hons)Degree
4) Cambridge University LLB Degree
Working experience and occupation: Present: Cambridge Corporate Compliance(PTE) Ltd
Director
2006 to 2009: Clifford Chance
Director of Regulatory Affairs & Standards
2002 to 2006: Sava Pte Limited
Director
1997 to 2001: HSBC
Legal Advisor & Compliance Officer
1981 to 1997: Private Practice
In private practice at leading law firms with strong banking, financial and commercial connections.
Directorship of public companies (if any): a) Kuchai Development Berhad
b) Sungei Bagan Rubber Company (Malaya) Berhad
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Upon appointment of Mr Edwards John Richard, the Board of Directors shall consist of the following:-
(1) Lee Soo Hoon - Independent Non-Executive Chairman
(2) Lee Chung-Shih - Executive Director
(3) Liew Chuan Hock - Independent Non-Executive Director
(4) Huang Yuan Chiang - Independent Non-Executive Director
(5) Edwards John Richard - Executive Director
(6) William Wong Tien Leong - Independent Non-Executive Director
Company Name: KLUANG RUBBER COMPANY (MALAYA) BERHAD
Stock Name: KLUANG
Date Announced: 07/12/2011
Announcement Detail:
Date of change: 07/12/2011
Type of change: Appointment
Designation: Director
Directorate: Executive
Name: EDWARDS JOHN RICHARD
Age: 54
Nationality: British
Qualifications: 1) Admitted as Solicitor of Hong Kong
2) Admitted as Solicitor of England & Wales
3) Liverpool University LLB(Hons)Degree
4) Cambridge University LLB Degree
Working experience and occupation: Present: Cambridge Corporate Compliance(PTE) Ltd
Director
2006 to 2009: Clifford Chance
Director of Regulatory Affairs & Standards
2002 to 2006: Sava Pte Limited
Director
1997 to 2001: HSBC
Legal Advisor & Compliance Officer
1981 to 1997: Private Practice
In private practice at leading law firms with strong banking, financial and commercial connections.
Directorship of public companies (if any): a) Kuchai Development Berhad
b) Sungei Bagan Rubber Company (Malaya) Berhad
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Upon appointment of Mr Edwards John Richard, the Board of Directors shall consist of the following:-
(1) Lee Soo Hoon - Independent Non-Executive Chairman
(2) Lee Chung-Shih - Executive Director
(3) Liew Chuan Hock - Independent Non-Executive Director
(4) Huang Yuan Chiang - Independent Non-Executive Director
(5) Edwards John Richard - Executive Director
(6) William Wong Tien Leong - Independent Non-Executive Director
KLUANG - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: KLUANG RUBBER COMPANY (MALAYA) BERHAD
Stock Name: KLUANG
Date Announced: 07/12/2011
Announcement Detail:
Date of change: 07/12/2011
Type of change: Appointment
Designation: Director
Directorate: Independent & Non Executive
Name: WILLIAM WONG TIEN LEONG
Age: 52
Nationality: Singaporean
Qualifications: Bachelor of Laws (LLB) National University of Singapore
Working experience and occupation: a) Partner of Francis Khoo & Lim
b) Independent Director of a Singapore Public-Listed Company
Directorship of public companies (if any): a)Kuchai Development Berhad
b)Sungei Bagan Rubber Company (Malaya) Berhad
Family relationship with any director and/or major shareholder of the listed issuer: No family relationship with other Directors and/or substantial shareholders of the Company
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Upon appointment of Mr William Wong Tien Leong, the Board of Directors shall consist of the following:-
(1) Lee Soo Hoon - Independent Non-Executive Chairman
(2) Lee Chung-Shih - Executive Director
(3) Liew Chuan Hock - Independent Non-Executive Director
(4) Huang Yuan Chiang - Independent Non-Executive Director
(5) Edwards John Richard - Executive Director
(6) William Wong Tien Leong - Independent Non-Executive Director
Company Name: KLUANG RUBBER COMPANY (MALAYA) BERHAD
Stock Name: KLUANG
Date Announced: 07/12/2011
Announcement Detail:
Date of change: 07/12/2011
Type of change: Appointment
Designation: Director
Directorate: Independent & Non Executive
Name: WILLIAM WONG TIEN LEONG
Age: 52
Nationality: Singaporean
Qualifications: Bachelor of Laws (LLB) National University of Singapore
Working experience and occupation: a) Partner of Francis Khoo & Lim
b) Independent Director of a Singapore Public-Listed Company
Directorship of public companies (if any): a)Kuchai Development Berhad
b)Sungei Bagan Rubber Company (Malaya) Berhad
Family relationship with any director and/or major shareholder of the listed issuer: No family relationship with other Directors and/or substantial shareholders of the Company
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Upon appointment of Mr William Wong Tien Leong, the Board of Directors shall consist of the following:-
(1) Lee Soo Hoon - Independent Non-Executive Chairman
(2) Lee Chung-Shih - Executive Director
(3) Liew Chuan Hock - Independent Non-Executive Director
(4) Huang Yuan Chiang - Independent Non-Executive Director
(5) Edwards John Richard - Executive Director
(6) William Wong Tien Leong - Independent Non-Executive Director
KLUANG - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Announcement Type: General Announcement
Company Name: KLUANG RUBBER COMPANY (MALAYA) BERHAD
Stock Name: KLUANG
Date Announced: 07/12/2011
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description: In accordance with Paragraph 9.36 of the Listing Requirements, the Board of Directors is pleased to announce the FFB for the month of November 2011 was 884.50 tonnes.
Company Name: KLUANG RUBBER COMPANY (MALAYA) BERHAD
Stock Name: KLUANG
Date Announced: 07/12/2011
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description: In accordance with Paragraph 9.36 of the Listing Requirements, the Board of Directors is pleased to announce the FFB for the month of November 2011 was 884.50 tonnes.
SBAGAN - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD
Stock Name: SBAGAN
Date Announced: 07/12/2011
Announcement Detail:
Date of change: 07/12/2011
Type of change: Redesignation
Previous Position: Director
New Position: Chairman
Directorate: Independent & Non Executive
Name: LEE SOO HOON
Age: 69
Nationality: MALAYSIAN
Qualifications: a)F.C.A. Institute of Chartered Accountants in England and Wales
b)Member of Singapore Institute of Certified Public Accountants
c)Member of Malaysian Institute of Certified Public Accountants
d)Member of Malaysian Institute of Accountants
e)Member of Singapore Institute of Directors
Working experience and occupation: a)Partner of Ernst & Young, Singapore (1978 - 1997)
b)Independent Director of Singapore Public Companies
c)Provides management and financial consultancy services
Directorship of public companies (if any): a)Kuchai Development Berhad
b)Kluang Rubber Company (Malaya) Berhad
Family relationship with any director and/or major shareholder of the listed issuer: No family relationship with other Directors and/or substantial shareholders of the Company
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Upon redesignation of Mr Lee Soo Hoon, the Board of Directors shall consist of the following:-
(1) Lee Soo Hoon - Independent Non-Executive Chairman
(2) Lee Chung-Shih - Executive Director
(3) Liew Chuan Hock - Independent Non-Executive Director
(4) Huang Yuan Chiang - Independent Non-Executive Director
(5) Edwards John Richard - Executive Director
(6) William Wong Tien Leong - Independent Non-Executive Director
Company Name: SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD
Stock Name: SBAGAN
Date Announced: 07/12/2011
Announcement Detail:
Date of change: 07/12/2011
Type of change: Redesignation
Previous Position: Director
New Position: Chairman
Directorate: Independent & Non Executive
Name: LEE SOO HOON
Age: 69
Nationality: MALAYSIAN
Qualifications: a)F.C.A. Institute of Chartered Accountants in England and Wales
b)Member of Singapore Institute of Certified Public Accountants
c)Member of Malaysian Institute of Certified Public Accountants
d)Member of Malaysian Institute of Accountants
e)Member of Singapore Institute of Directors
Working experience and occupation: a)Partner of Ernst & Young, Singapore (1978 - 1997)
b)Independent Director of Singapore Public Companies
c)Provides management and financial consultancy services
Directorship of public companies (if any): a)Kuchai Development Berhad
b)Kluang Rubber Company (Malaya) Berhad
Family relationship with any director and/or major shareholder of the listed issuer: No family relationship with other Directors and/or substantial shareholders of the Company
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Upon redesignation of Mr Lee Soo Hoon, the Board of Directors shall consist of the following:-
(1) Lee Soo Hoon - Independent Non-Executive Chairman
(2) Lee Chung-Shih - Executive Director
(3) Liew Chuan Hock - Independent Non-Executive Director
(4) Huang Yuan Chiang - Independent Non-Executive Director
(5) Edwards John Richard - Executive Director
(6) William Wong Tien Leong - Independent Non-Executive Director
SBAGAN - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD
Stock Name: SBAGAN
Date Announced: 07/12/2011
Announcement Detail:
Date of change: 07/12/2011
Type of change: Appointment
Designation: Director
Directorate: Executive
Name: EDWARDS JOHN RICHARD
Age: 54
Nationality: British
Qualifications: 1) Admitted as Solicitor of Hong Kong
2) Admitted as Solicitor of England & Wales
3) Liverpool University LLB (Hons) Degree
4) Cambridge University LLB Degree
Working experience and occupation: Present: Cambridge Corporate Compliance (PTE) Ltd
Director
2006 to 2009: Clifford Chance
Director of Regulatory Affairs & Standards
2002 to 2006: Sava Pte Limited
Director
1997 to 2001: HSBC
Legal Advisor & Compliance Officer
1981 to 1997: Private Practice
In private practice at leading law firms with strong banking, financial and commercial connections.
Directorship of public companies (if any): a) Kuchai Development Berhad
b) Kluang Rubber Company (Malaya) Berhad
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Upon appointment of Mr Edwards John Richard, the Board of Directors shall consist of the following:-
(1) Lee Soo Hoon - Independent Non-Executive Chairman
(2) Lee Chung-Shih - Executive Director
(3) Liew Chuan Hock - Independent Non-Executive Director
(4) Huang Yuan Chiang - Independent Non-Executive Director
(5) Edwards John Richard - Executive Director
(6) William Wong Tien Leong - Independent Non-Executive Director
Company Name: SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD
Stock Name: SBAGAN
Date Announced: 07/12/2011
Announcement Detail:
Date of change: 07/12/2011
Type of change: Appointment
Designation: Director
Directorate: Executive
Name: EDWARDS JOHN RICHARD
Age: 54
Nationality: British
Qualifications: 1) Admitted as Solicitor of Hong Kong
2) Admitted as Solicitor of England & Wales
3) Liverpool University LLB (Hons) Degree
4) Cambridge University LLB Degree
Working experience and occupation: Present: Cambridge Corporate Compliance (PTE) Ltd
Director
2006 to 2009: Clifford Chance
Director of Regulatory Affairs & Standards
2002 to 2006: Sava Pte Limited
Director
1997 to 2001: HSBC
Legal Advisor & Compliance Officer
1981 to 1997: Private Practice
In private practice at leading law firms with strong banking, financial and commercial connections.
Directorship of public companies (if any): a) Kuchai Development Berhad
b) Kluang Rubber Company (Malaya) Berhad
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Upon appointment of Mr Edwards John Richard, the Board of Directors shall consist of the following:-
(1) Lee Soo Hoon - Independent Non-Executive Chairman
(2) Lee Chung-Shih - Executive Director
(3) Liew Chuan Hock - Independent Non-Executive Director
(4) Huang Yuan Chiang - Independent Non-Executive Director
(5) Edwards John Richard - Executive Director
(6) William Wong Tien Leong - Independent Non-Executive Director
SBAGAN - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD
Stock Name: SBAGAN
Date Announced: 07/12/2011
Announcement Detail:
Date of change: 07/12/2011
Type of change: Appointment
Designation: Director
Directorate: Independent & Non Executive
Name: WILLIAM WONG TIEN LEONG
Age: 52
Nationality: Singaporean
Qualifications: Bachelor of Laws (LLB) National University of Singapore
Working experience and occupation: a) Partner of Francis Khoo & Lim
b) Independent Director of a Singapore Public-Listed Company
Directorship of public companies (if any): a)Kuchai Development Berhad
b)Kluang Rubber Company (Malaya) Berhad
Family relationship with any director and/or major shareholder of the listed issuer: No family relationship with other Directors and/or substantial shareholders of the Company
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Upon appointment of Mr William Wong Tien Leong, the Board of Directors shall consist of the following:-
(1) Lee Soo Hoon - Independent Non-Executive Chairman
(2) Lee Chung-Shih - Executive Director
(3) Liew Chuan Hock - Independent Non-Executive Director
(4) Huang Yuan Chiang - Independent Non-Executive Director
(5) Edwards John Richard - Executive Director
(6) William Wong Tien Leong - Independent Non-Executive Director
Company Name: SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD
Stock Name: SBAGAN
Date Announced: 07/12/2011
Announcement Detail:
Date of change: 07/12/2011
Type of change: Appointment
Designation: Director
Directorate: Independent & Non Executive
Name: WILLIAM WONG TIEN LEONG
Age: 52
Nationality: Singaporean
Qualifications: Bachelor of Laws (LLB) National University of Singapore
Working experience and occupation: a) Partner of Francis Khoo & Lim
b) Independent Director of a Singapore Public-Listed Company
Directorship of public companies (if any): a)Kuchai Development Berhad
b)Kluang Rubber Company (Malaya) Berhad
Family relationship with any director and/or major shareholder of the listed issuer: No family relationship with other Directors and/or substantial shareholders of the Company
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Upon appointment of Mr William Wong Tien Leong, the Board of Directors shall consist of the following:-
(1) Lee Soo Hoon - Independent Non-Executive Chairman
(2) Lee Chung-Shih - Executive Director
(3) Liew Chuan Hock - Independent Non-Executive Director
(4) Huang Yuan Chiang - Independent Non-Executive Director
(5) Edwards John Richard - Executive Director
(6) William Wong Tien Leong - Independent Non-Executive Director
SBAGAN - MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Announcement Type: General Announcement
Company Name: SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD
Stock Name: SBAGAN
Date Announced: 07/12/2011
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description: In accordance with Paragraph 9.36 of the Listing Requirements, the Board of Directors is pleased to announce the FFB for the month of November 2011 was 1314.13 tonnes.
Company Name: SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD
Stock Name: SBAGAN
Date Announced: 07/12/2011
Announcement Detail:
Type: Announcement
Subject: MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description: In accordance with Paragraph 9.36 of the Listing Requirements, the Board of Directors is pleased to announce the FFB for the month of November 2011 was 1314.13 tonnes.
HAPSENG - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: HAP SENG CONSOLIDATED BERHAD
Stock Name: HAPSENG
Date Announced: 07/12/2011
Announcement Detail:
Date of buy back: 07/12/2011
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 200,000
Minimum price paid for each share purchased ($$): 1.490
Maximum price paid for each share purchased ($$): 1.520
Total consideration paid ($$): 300,441.98
Number of shares purchased retained in treasury (units): 200,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 630,000
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.029
Remarks: c c: Securities Commission
Company Name: HAP SENG CONSOLIDATED BERHAD
Stock Name: HAPSENG
Date Announced: 07/12/2011
Announcement Detail:
Date of buy back: 07/12/2011
Description of shares purchased: Ordinary shares of RM1.00 each
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 200,000
Minimum price paid for each share purchased ($$): 1.490
Maximum price paid for each share purchased ($$): 1.520
Total consideration paid ($$): 300,441.98
Number of shares purchased retained in treasury (units): 200,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 630,000
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.029
Remarks: c c: Securities Commission
HAPSENG - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: HAP SENG CONSOLIDATED BERHAD
Stock Name: HAPSENG
Date Announced: 07/12/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description: Hap Seng Consolidated Berhad ["HSCB"/ the "Company"] - Acquisition of 11,725,000 ordinary shares representing 35% of the issued and paid-up share capital in Hap Seng Star Sdn Bhd by Hap Seng Auto Sdn Bhd, a wholly-owned subsidiary of HSCB from Great Horizon Limited, a wholly-owned subsidiary of Lei Shing Hong Limited, for a cash consideration of RM41,384,000 ["Proposed Acquisition"]
Company Name: HAP SENG CONSOLIDATED BERHAD
Stock Name: HAPSENG
Date Announced: 07/12/2011
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description: Hap Seng Consolidated Berhad ["HSCB"/ the "Company"] - Acquisition of 11,725,000 ordinary shares representing 35% of the issued and paid-up share capital in Hap Seng Star Sdn Bhd by Hap Seng Auto Sdn Bhd, a wholly-owned subsidiary of HSCB from Great Horizon Limited, a wholly-owned subsidiary of Lei Shing Hong Limited, for a cash consideration of RM41,384,000 ["Proposed Acquisition"]
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