OTHERS HONG LEONG CAPITAL BERHAD (“HLCB” OR THE “COMPANY”) RECEIPT OF CONDITIONAL VOLUNTARY TAKE-OVER OFFER NOTICE SERVED BY OSK INVESTMENT BANK BERHAD ON BEHALF OF HONG LEONG FINANCIAL GROUP BERHAD (“OFFEROR”) TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN HLCB NOT ALREADY HELD BY THE OFFEROR (“OFFER SHARES”) FOR A CASH CONSIDERATION OF RM1.71 PER OFFER SHARE HONG LEONG CAPITAL BERHAD
Type Announcement Subject OTHERS Description HONG LEONG CAPITAL BERHAD (“HLCB” OR THE “COMPANY”)
RECEIPT OF CONDITIONAL VOLUNTARY TAKE-OVER OFFER NOTICE SERVED BY OSK INVESTMENT BANK BERHAD ON BEHALF OF HONG LEONG FINANCIAL GROUP BERHAD (“OFFEROR”) TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN HLCB NOT ALREADY HELD BY THE OFFEROR (“OFFER SHARES”) FOR A CASH CONSIDERATION OF RM1.71 PER OFFER SHARE
The Board of Directors of HLCB ("Board") hereby announce that the Company has today received a notice of conditional voluntary take-over offer from OSK Investment Bank Berhad, on behalf of Hong Leong Financial Group Berhad to acquire all the remaining ordinary shares of RM1.00 each in HLCB not already held by the Offeror for a cash consideration of RM1.71 per Offer Share (“Notice”).
A copy of the Notice is enclosed herewith. Copies of the Notice will also be posted to all the holders of the Offer Shares within seven (7) days from the date of this Announcement.
harga tawaran RM1.71 tapi tutup hari ni dekat RM 1.96, apakah peluang Tan Sri Quek yang terkenal dengan sifat kedekutnya akan memberi harga tawaran lebih tinggi?
As the public shareholding spread of HLCB is less than 10% of the total HLCB Shares in issue, pursuant to paragraph 16.02(2) of the Listing Requirements, Bursa Securities shall suspend the trading of HLCB Shares immediately upon the expiry of 30 market days from the date of this announcement. The suspension will be effected on 15 April 2013, being the market day immediately following the expiry of 30 market days from the date of this announcement.
ynh already unloading since 01/03 ..... will dow anytime so better dont go in anymore... and the current price already almost 100% premium from the 1.71 offer...
Share trading in Hong Leong Capital Bhd will be suspended from Aug 12, due to low public shareholding spread. As at yesterday, Hong Leong Capital public shareholding spread was just 9.63%, below the 25% requirement set by Bursa Malaysia. In a statement, the company said it currently does not have any plan to address the non-compliance and requires time to assess the situation. (BT)
thanks to Dr yu kuan chon , i m holding my 3000 shares till now , just try to support and dont want to let the shrewd man to get what he wants easily ,never think can win so much in term of percentage , as for now if drop back to rm 10 or up to rm15 , will sell but will keep 300 shares till ending . kikikiki ,
aiyo , got tp some more at current price . i thought is one shrewd tycoon wanna delist , and the other 看 不 过 眼 with offer price then fighting till now .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
simonfish
53 posts
Posted by simonfish > 2012-07-10 20:01 | Report Abuse
Dear Chong, can we consider HLCAP counter, is the stock going to move now? pls advise .