Allotment of a total of 13,742,064 new Lion Forest Industries Berhad (“LFIB”) shares representing 5.96% of the enlarged share capital of LFIB at an issue price of RM1.00 per share, as consideration for the disposal of ordinary shares and preference shares in Silverstone Corporation Berhad via a conditional take-over offer to the following:
1) Tan Sri Cheng Heng Jem (400 shares) and his wife, Puan Sri Chan Chau Ha @ Chan Chow Har (3,061 shares)
2) companies wherein Tan Sri Cheng Heng Jem has an interest by virtue of Section 6A(4)(c) of the Companies Act, 1965:
i) Amsteel Mills Sdn Bhd (1,162,669 shares)
ii) Lion Corporation Berhad (180 shares)
iii) William Cheng Sdn Bhd (15,883 shares)
iv) Lancaster Trading Company Limited (20,793 shares)
v) Lion Holdings Sdn Bhd (1,334,745 shares)
vi) Araniaga Holdings Sdn Bhd (12 shares)
vii) Teck Bee Mining (M) Sendirian Berhad (209 shares)
viii) Tirta Enterprise Sdn Bhd (494,868 shares)
ix) Amanvest (M) Sdn Bhd (36,432 shares)
x) Horizon Towers Sdn Bhd (5,344 shares)
xi) Amsteel Corporation Berhad (6,543,462 shares)
xii) Umatrac Enterprises Sdn Bhd (4,116,638 shares)
xiii) Lion Holdings Pte Ltd (1,864 shares)
xiv) Sin Seng Investments Pte Ltd (5,008 shares)
xv) Ceemax Electronics Sdn Bhd (496 shares)
Total no of securities after change:
Direct (units)
400
Direct (%)
0.00
Indirect (units)
181,730,176
Indirect (%)
78.89
Total (units)
181,730,576
Total (%)
78.89
Date of Notice
04-Dec-2008
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