We refer to the announcement made on 5 December 2013 in relation to the notice of the Offer (“
Notice”) from RHB Investment Bank Berhad, on behalf of the Offeror in respect of the Offeror’s intention to acquire all the HIC Shares for a cash consideration of RM2.53 per Offer Share.
On 5 December 2013, HIC was informed that the Offeror had obtained the following irrevocable letters of undertaking from the following persons:
(i) Selangor Properties Berhad (“
SPB”); and
(ii) Datuk Dr Chan Tuck Hoong, Datin Low Kam Yoke and Chan Eu-Khin.
The shareholdings of SPB, Datuk Dr Chan Tuck Hoong, Datin Low Kam Yoke and Chan Eu-Khin in relation to their respective irrevocable undertaking to accept the Offer are tabulated below:
| Name | No. of HIC Shares held | % |
| SPB | 72,441,222 | 51.00 |
| Chan Eu-Khin | 6,205,675 | 4.37 |
| Datin Low Kam Yoke | 3,437,848 | 2.42 |
| Datuk Dr. Chan Tuck Hoong | 2,676,304 | 1.88 |
| Total | 84,761,049 | 59.67 |
This announcement is dated 5 December 2013.