[MAGNUM]: MAGNUM BERHAD

09-Jun-2011

10-Jun-2011

No

Acquisitions

(1) Acquisition by Multi-Purpose Holdings Berhad (“MPHB”) of 47% equity interest in Magnum Holdings Sdn Bhd (“MH”) from Asia 4D Holdings Limited for a total consideration of RM724,829,998 to be satisfied through the issuance of 315,143,477 new ordinary shares of RM1.00 each in MPHB (“MPHB Shares”) at an issue price of RM2.30 per MPHB Share; (2) Subscription by MPHB of new irredeemable convertible preference shares in Asia 4D Company Limited for a total consideration of RM875,170,002 to be satisfied by a combination of cash payment of RM809,198,928 and the issuance of 28,683,076 new MPHB Shares at an issue price of RM2.30 per MPHB Share; (3) Acquisition by MPHB of 2% equity interest in MH from certain members of the management of MH (“Management”) for a total consideration of RM30,839,976 to be satisfied through the issuance of 13,408,685 new MPHB Shares at an issue price of RM2.30 per MPHB Share; and (4) Redemption by MH of RM4,866,676 nominal value 10-year 11% redeemable convertible unsecured loan stocks Class C (“RCULS-C”) from the Management and settlement of interest accrued on the RCULS-C amounting to RM1,492,276 to be satisfied through the issuance of 2,764,762 new MPHB Shares by MPHB to the Management at an issue price of RM2.30 per MPHB Share

360,000,000

MYR 2.300

MYR 1.000

1,437,748,654