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发表于 4-11-2009 11:28 PM
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ANNOUNCEMENT OF RESULTS OF RIGHTS ISSUE
HLH GROUP LIMITED
(Incorporated in the Republic of Singapore)
(Company Registration Number: 199905292D)
PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 706,916,965 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (THE "RIGHTS SHARES") AT AN ISSUE PRICE OF S$0.01 FOR EACH RIGHTS SHARE, ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY THREE (3) EXISTING ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (THE "RIGHTS ISSUE") – RESULTS OF SUBSCRIPTION OF RIGHTS ISSUE
Unless otherwise defined, terms used in this announcement bear the same meanings as defined in the offer information statement dated 13 October 2009 (the “Offer Information Statement”) relating to the Rights Issue of HLH Group Limited (the “Company”).
The Directors of the Company are pleased to announce that based on the total issued share capital of the Company of 2,120,750,895 Shares as at the Books Closure Date, 706,916,965 Rights Shares were available for subscription under the Rights Issue, and as at the close of the Rights Issue on 29 October 2009, valid acceptances of and excess applications for a total of 1,767,705,796 Rights Shares, representing 250.1% of the 706,916,965 Rights Shares offered under the Rights Issue, were received.
Details of the valid acceptances and excess applications received are as follows:
(a) valid acceptances were received for a total of 648,811,389 Rights Shares, representing 91.8% of the total number of Rights Shares offered under the Rights Issue; and
(b) excess applications were received for a total of 1,118,894,407 Rights Shares, representing 158.3% of the total number of Rights Shares offered under the Rights Issue.
The provisional allotments of 58,105,576 Rights Shares, which were not accepted by Entitled Shareholders and/or Purchasers under the Rights Issue, were fully allotted to satisfy the excess applications for Rights Shares. In the allotment of excess Rights Shares, preference was given to Shareholders for the rounding of odd lots, and Directors and Substantial Shareholders ranked last in priority.
None of the provisional allotments of 2,575,328 Rights Shares, which would have been provisionally allotted to Foreign Shareholders, were sold “nil-paid” on the SGX Main Board during the provisional allotment trading period.
CDP will be sending a notification via ordinary post on or around 5 November 2009 to successful applicants, stating the number of Rights Shares credited to their respective Securities Accounts.
Where any acceptance and/or excess application is unsuccessful or invalid and no Rights Shares or excess Rights Shares are allotted, or where the number of excess Rights Shares allotted is less than that applied for, the amount paid on acceptance and/or application or the surplus application monies (as the case may be) will be refunded to such applicants, without
interest or any share of revenue or other benefit arising therefrom within 14 (fourteen) days after the close of the Rights Issue on 29 October 2009 by crediting their accounts with the relevant Participating Banks at their own risk (if they accepted and/or applied by way of Electronic Application through an ATM of a Participating Bank), the receipt by such Participating Banks being a good discharge to the Company and CDP of their obligations, if any, thereunder, or by means of a crossed cheque drawn on a bank in Singapore and sent to them by ordinary post and at their own risk (if they accepted and/or applied through CDP or the Share Registrar).
The Company will be releasing an announcement to advise on the date for the listing of and quotation for the Rights Shares on the SGX Main Board in due course.
BY ORDER OF THE BOARD
HLH GROUP LIMITED
Mah Peek Sze Patsy
Executive Director
2 November 2009
[ 本帖最后由 guangguang 于 4-11-2009 11:36 PM 编辑 ] |
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