[HUMEIND] Change In Substantial Shareholder's Shareholding - HL HOLDINGS SDN BHD on 23-Oct-2014

Highlights

Stock	[HUMEIND]: HUME CEMENT INDUSTRIES BERHAD
Announcement Date	23-Oct-2014

Name	HL HOLDINGS SDN BHD

Currency

Malaysian Ringgit (MYR)

Date of Change		Type	Number of Shares
	20-Oct-2014	Others	333,471,055

Nature of Interest	Deemed interest
Shares	Ordinary shares of RM1.00 each
Reason	Deemed interest - Arising from the completion of the Shares Sale Agreement dated 10 September 2013 for the disposal of the entire equity interest in Hume Cement Sdn Bhd (“HCMT”) to Narra for a consideration of RM100 million, satisfied by the issuance of 100 million new Narra shares. - Entitlement to new Narra shares pursuant to the capital distribution by Hong Leong Industries Berhad (“HLI”) to entitled shareholders of HLI on the basis of 1,080 new Narra shares for every 1,000 HLI shares held (“Capital Distribution”). - Arising from the completion of the Shares Sale Agreements both dated 10 September 2013 for the disposal of the (i) entire equity interest in Hume Concrete Sdn Bhd (formerly known as Hume Industries (Malaysia) Sdn Bhd); and (ii) entire 175 million 6-year 2% non-cumulative irredeemable convertible preference shares in HCMT, by HLI to Narra for a total consideration of RM348 million, satisfied by the issuance of 348 million new Narra shares (“Consideration Shares”); and distribution of substantially all the Consideration Shares to the shareholders of HLI by way of Capital Distribution

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