Document Submission

22/10/2019

Circular/Notice to Shareholders

HAP SENG CONSOLIDATED BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PART A PROPOSED DISPOSAL OF 80,000,100 ORDINARY SHARES REPRESENTING 100% OF THE ISSUED SHARE CAPITAL OF HS CREDIT (MELBOURNE) PTY LTD BY HSC MELBOURNE HOLDING PTE LTD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF HAP SENG CONSOLIDATED BERHAD ("HSCB" OR "COMPANY"), TO LEI SHING HONG CAPITAL LIMITED FOR A CASH CONSIDERATION OF USD175,500,000 (EQUIVALENT TO RM721,743,750) ("PROPOSED DISPOSAL") PART B INDEPENDENT ADVICE LETTER FROM AFFIN HWANG INVESTMENT BANK BERHAD TO THE NON-INTERESTED SHAREHOLDERS OF THE COMPANY IN RELATION TO THE PROPOSED DISPOSAL AND NOTICE OF EXTRAORDINARY GENERAL MEETING


Please refer attachment below.



Announcement Info

Company Name HAP SENG CONSOLIDATED BERHAD
Stock Name HAPSENG
Date Announced 22 Oct 2019
Category Document Submission
Reference Number DCS-21102019-00025