MISCELLANEOUS :: DISPOSAL OF SUBSIDIARY * Asterisks denote mandatory information Name of Announcer * HONG LEONG ASIA LTD. Company Registration No. 196300306G Announcement submitted on behalf of HONG LEONG ASIA LTD. Announcement is submitted with respect to * HONG LEONG ASIA LTD. Announcement is submitted by * NG SIEW PING, JASLIN Designation * COMPANY SECRETARY Date & Time of Broadcast 15-Jan-2014 17:17:38 Announcement No. 00030   >> ANNOUNCEMENT DETAILS The details of the announcement start here ... Announcement Title * Disposal of Subsidiary Description The Board of Directors of Hong Leong Asia Ltd. (the Company) wishes to announce that Guangxi Yuchai Machinery Company Limited (GYMCL), a subsidiary of China Yuchai International Limited, which in turn is a subsidiary of the Company, had disposed of its entire equity interest representing 100% of the share capital of Yuchai/Asimco Components Company Limited (Yuchai/Asimco) to Shenzhen Dingshenglong Trading Development Company Limited, an unrelated third party (the Disposal), for a cash consideration of RMB 15,497,240.18. The consideration for the Disposal was arrived at on a willing-buyer willing-seller basis based on the net book value of Yuchai/Asimco. Following the Disposal, Yuchai/Asimco ceased to be a wholly-owned subsidiary of GYMCL. By Order of the Board HONG LEONG ASIA LTD. Ng Siew Ping, Jaslin Company Secretary 15 January 2014 Singapore Attachments Total size = 0K (2048K size limit recommended)