Asset Acquisitions and Disposals::Announcement of Secondary Sale of Mandatory Convertible Bonds

Issuer & Securities

Issuer/ Manager
F J BENJAMIN HOLDINGS LTD
Securities
F J BENJAMIN HOLDINGS LTD - SG1D58018368 - F10
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
11-Aug-2014 17:36:58
Status
New
Announcement Sub Title
Announcement of Secondary Sale of Mandatory Convertible Bonds
Announcement Reference
SG140811OTHRQDKH
Submitted By (Co./ Ind. Name)
Karen Chong Mee Keng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of FJ Benjamin Holdings Ltd ( "Company ") wishes to announce that its wholly-owned subsidiary, FJ Benjamin (Singapore) Pte Ltd ( "FJBPL" ) has entered into separate sale and purchase agreements dated 30 July 2014 ( "Transaction" ) with PT Saratoga Investama Sedaya Tbk ( "SIS" ) and its co-investor (collectively, "Saratoga Investors" ) where FJBPL would sell and the Saratoga Investors would purchase certain mandatory convertible bonds issued by an associated company ( "Associated Company" ) of PT Meteor Prima Sejati ( "PT Meteor" ), an indirect wholly owned subsidiary of the Company.

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