Asset Acquisitions and Disposals::Proposed Subscription and Proposed Acquisition of Shares in BRC Asia Limited

Issuer & Securities

Issuer/ Manager
HONG LEONG ASIA LTD.
Securities
HONG LEONG ASIA LTD. - SG1F76860344 - H22
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
28-Aug-2021 12:34:35
Status
New
Announcement Sub Title
Proposed Subscription and Proposed Acquisition of Shares in BRC Asia Limited
Announcement Reference
SG210828OTHRBFI6
Submitted By (Co./ Ind. Name)
Ng Siew Ping, Jaslin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached documents:

1. Announcement relating to the I. Proposed Subscription of 31,015,000 New Ordinary Shares in BRC Asia Limited at S$1.48 for Each Subscription Share; and II. Proposed Acquisition of 15,000,000 Issued Ordinary Shares in BRC Asia Limited at S$1.48 for Each Sale Share; and

2. Press release titled 'Hong Leong Asia to Acquire 20% of BRC Asia Limited'.

Attachments

1. HLA_Shares in BRC_20210828.pdf
2. HLA_Press Release_20210828.pdf
Total size =204K