[YINSON]: YINSON HOLDINGS BHD

12-Aug-2013

EGM

28-Aug-2013 12:00

22-Aug-2013

Jasmine Room, Level 6, Berjaya Waterfront Hotel, Johor Bahru (formerly known as The ZON Regency Hotel By The Sea), 88, Jalan Ibrahim Sultan, Stulang Laut, 80300 Johor Bahru, Johor Darul Takzim

YINSON HOLDINGS BERHAD (“YHB” OR “COMPANY”) (I) PROPOSED ACQUISITION OF ALL ORDINARY SHARES OF NORWEGIAN KRONE (“NOK”) 1.00 EACH IN FRED. OLSEN PRODUCTION ASA (“FOP”), A PUBLIC LISTED COMPANY ON THE OSLO STOCK EXCHANGE (“PROPOSED ACQUISITION”); (II) PROPOSED ISSUANCE AND ALLOTMENT OF 37,809,000 NEW ORDINARY SHARES OF RM1.00 EACH IN YINSON HOLDINGS BERHAD (“YHB”) (“NEW ISSUE SHARE(S)”) AT AN ISSUE PRICE OF RM2.82 PER NEW ISSUE SHARE TO KENCANA CAPITAL SDN BHD TO BE SATISFIED IN CASH (“PROPOSED SHARE ISSUANCE”); AND (III) PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO PTSC ASIA PACIFIC PTE LTD, AN ASSOCIATED COMPANY OF YHB (“PROPOSED PROVISION OF FINANCIAL ASSISTANCE”)
Notice of EGM.pdf

On behalf of the Board of Directors of Yinson Holdings Berhad (“YHB”), AmInvestment Bank Berhad wishes to inform that the shareholders of YHB have today at the Extraordinary General Meeting (“EGM”) approved the following ordinary resolutions as set out in the Notice of EGM dated 13 August 2013:- (i) Proposed acquisition of all ordinary shares of Norwegian Krone (“NOK”) 1.00 each in Fred. Olsen Production ASA (“FOP”), a public listed company on the Oslo Stock Exchange (“Proposed Acquisition”); (ii) Proposed issuance and allotment of 37,809,000 new ordinary shares of RM1.00 each in YHB (“New Issue Share(s)”) at an issue price of RM2.82 per New Issue Share to Kencana Capital Sdn Bhd to be satisfied in cash (“Proposed Share Issuance”); and (iii) Proposed provision of financial assistance to PTSC Asia Pacific Pte Ltd, an associated company of YHB (“Proposed Provision of Financial Assistance”)

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