Asset Acquisitions and Disposals::Increase of Shareholding in China Yuchai International Limited ("CYI")

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
01-Sep-2015 17:17:31
Status
New
Announcement Sub Title
Increase of Shareholding in China Yuchai International Limited ("CYI")
Announcement Reference
SG150901OTHRQ4EH
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)
The Board of Directors of Hong Leong Asia Ltd. ("HLA" or the "Company") wishes to announce that Well Summit Investments Limited, a wholly-owned subsidiary of the Company, had purchased on 25 August 2015 in the open market 130,213 ordinary shares of US$0.10 each in the capital of CYI (a company listed on the New York Stock Exchange), representing approximately 0.331% of the issued and paid-up share capital of CYI, for a cash consideration of US$1,934,314.11 (the "Acquisition"). The Acquisition was funded by banking facilities.

Following the Acquisition, the HLA group holds in aggregate 15,189,528 ordinary shares and one special share of US$0.10 in CYI, representing approximately 38.652% of the issued and paid-up share capital of CYI comprising 39,298,340 ordinary shares and one special share.


By Order of the Board
HONG LEONG ASIA LTD.

Ng Siew Ping, Jaslin
Company Secretary

1 September 2015
Singapore