HLT

0.150

-0.005 (-3.2%)

Circular/Notice to Shareholders

HLT GLOBAL BERHAD

Subject PART A - CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ACQUISITION BY HLT GLOBAL BERHAD ("HLT") OF THE REMAINING 4,725,000 ORDINARY SHARES IN HL RUBBER INDUSTRIES SDN. BHD. ("HLRI"), REPRESENTING 45.0% OF THE ISSUED SHARE CAPITAL OF HLRI, FOR A PURCHASE CONSIDERATION OF RM90,000,000 TO BE SATISFIED VIA THE ISSUANCE OF 90,000,000 NEW ORDINARY SHARES IN HLT ("CONSIDERATION SHARES") AT AN ISSUE PRICE OF RM1.00 PER CONSIDERATION SHARE ("PROPOSED ACQUISITION"); PART B - INDEPENDENT ADVICE LETTER BY THE INDEPENDENT ADVISER TO THE NON-INTERESTED SHAREHOLDERS OF HLT IN RELATION TO THE PROPOSED ACQUISITION


Please refer attachment below.



Announcement Info

Company Name HLT GLOBAL BERHAD
Stock Name HLT
Date Announced 24 Feb 2021
Category Document Submission
Reference Number DCS-24022021-00001