[HLT] Acquisitions on 16-May-2018

Stock
[HLT]: HLT GLOBAL BERHAD
Announcement Date
16-May-2018
Listing Date
17-May-2018
New Type/Class?
No
Type
Acquisitions
Details
Acquisition by HLT Global Berhad ("HLT") of 5,775,000 ordinary shares in HL Rubber Industries Sdn Bhd ("HLRI"), representing 55% of the issued share capital of HLRI, for a purchase consideration of RM33,000,000 to be satisfied via the issuance of the 113,793,100 new ordinary shares in HLT
No. of shared issued
113,793,100
Issue Price
Malaysian Ringgit (MYR) 0.290
Par Value
0.000
Total NOSH
511,977,099
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