[HUMEIND] Change In Substantial Shareholder's Shareholding - HONG REALTY (PRIVATE) LIMITED on 24-Oct-2014

Highlights

Stock	[HUMEIND]: HUME CEMENT INDUSTRIES BERHAD
Announcement Date	24-Oct-2014

Name	HONG REALTY (PRIVATE) LIMITED

Currency

Malaysian Ringgit (MYR)

Date of Change		Type	Number of Shares
	20-Oct-2014	Others	335,651,934

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

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