[HOVID] Change In Substantial Shareholder's Shareholding - FAJAR ASTORIA SDN. BHD. on 29-Nov-2017

Highlights

Stock	[HOVID]: HOVID BHD
Announcement Date	29-Nov-2017

Name	FAJAR ASTORIA SDN. BHD.

Currency

Nature of Interest	Direct Interest
Shares	ORDINARY SHARES
Reason	Arising from acceptances pursuant to the take-over offer by Fajar Astoria Sdn. Bhd. and Ho Sue San @ David Ho Sue San (collectively, "Joint Offerors") through CIMB Investment Bank Berhad to acquire all the remaining offer shares and the offer warrants at a cash consideration of RM0.38 per offer share and RM0.20 per offer warrant, respectively (Offer). Note that the acceptances pursuant to the Offer is subject to the condition that the Joint Offerors receive, on or before the Closing Date, acceptances by the Holders of the Offer Shares, which will result in the Joint Offerors holding in aggregate (together with such Shares that are already acquired, held or entitled to be acquired or held by the Joint Offerors) more than 75% of the total Shares.

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