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Hong Leong Industries (HLI)
 
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Year 2005 News
 
28 Sep
  An EGM of HLIB will be held at the Theatrette, level 1, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur on Monday, 14 October 2005 immediately upon the conclusion of the 42nd AGM of the Company. to be held at 3:00 p.m.
    Click here for full announcement
27 Sep
 

HLI announced share buy back of 1,400 shares.

Minimum price paid for each share purchased (RM) : 3.080 
Maximum price paid for each share purchased (RM) : 3.080 
Total consideration paid (RM) : 4,312.00 
Number of shares purchased retained in treasury (units) : 1,400
Cumulative net outstanding treasury shares as at to-date (units) : 7,844,100 

26 Sep
 

HLI announced share buy back of 34,500 shares.

Minimum price paid for each share purchased (RM) : 3.060 
Maximum price paid for each share purchased (RM) : 3.080 
Total consideration paid (RM) : 106,159.95 
Number of shares purchased retained in treasury (units) : 34,500
Cumulative net outstanding treasury shares as at to-date (units) : 7,842,700 

22 Sep
 

HLI announced share buy back of 57,000 shares.

Minimum price paid for each share purchased (RM) : 3.080 
Maximum price paid for each share purchased (RM) : 3.080 
Total consideration paid (RM) : 175,560.00 
Number of shares purchased retained in treasury (units) : 57,000
Cumulative net outstanding treasury shares as at to-date (units) : 7,808,200

21 Sep
  The 42nd AGM of HLIB will be held at the Theatrette, Level 1, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur on Friday, 14 October 2005 at 3:00 p.m.
    Click here for full announcement
06 Sep
  HLI and its wholly-owned subsidiary, Guolene Plastic Products Sdn Bhd had on 5 September 2005, entered into a joint venture agreement with Mr Ooi Kean Lim @ Wei Khian Lim and Ms Seet Ai Ling, the existing shareholders of Global Roaming Communications Sdn Bhd ("GRC"), to collaborate with each other and to subscribe as shareholders in the share capital of GRC.
     Click here for full announcement
02 Sep
 

HLI announced share buy back of 89,000 shares.

Minimum price paid for each share purchased (RM) : 3.300 
Maximum price paid for each share purchased (RM) : 3.320 
Total consideration paid (RM) : 294,100.50 
Number of shares purchased retained in treasury (units) : 89,000
Cumulative net outstanding treasury shares as at to-date (units) : 7,751,200 

01 Sep
 

HLI announced share buy back of 10,000 shares.

Minimum price paid for each share purchased (RM) : 3.320 
Maximum price paid for each share purchased (RM) : 3.320 
Total consideration paid (RM) : 33,200.00 
Number of shares purchased retained in treasury (units) : 10,000
Cumulative net outstanding treasury shares as at to-date (units) : 7,662,200 

30 Aug
 

HLI announced share buy back of 6,500 shares.

Minimum price paid for each share purchased (RM) : 3.320 
Maximum price paid for each share purchased (RM) : 3.320 
Total consideration paid (RM) : 21,580.00 
Number of shares purchased retained in treasury (units) : 6,500
Cumulative net outstanding treasury shares as at to-date (units) : 7,652,200 

29 Aug
 

HLI announced share buy back of 56,000 shares.

Minimum price paid for each share purchased (RM) : 3.300 
Maximum price paid for each share purchased (RM) : 3.320 
Total consideration paid (RM) : 185,522.40 
Number of shares purchased retained in treasury (units) : 56,000
Cumulative net outstanding treasury shares as at to-date (units) : 7,645,700 

26 Aug
 

HLI announced share buy back of 91,600 shares.

Minimum price paid for each share purchased (RM) : 3.300 
Maximum price paid for each share purchased (RM) : 3.320 
Total consideration paid (RM) : 302,362.44 
Number of shares purchased retained in treasury (units) : 91,600
Cumulative net outstanding treasury shares as at to-date (units) : 7,589,700 

25 Aug
 

HLI announced share buy back of 74,100 shares.

Minimum price paid for each share purchased (RM) : 3.300 
Maximum price paid for each share purchased (RM) : 3.320 
Total consideration paid (RM) : 246,004.59 
Number of shares purchased retained in treasury (units) : 74,100
Cumulative net outstanding treasury shares as at to-date (units) : 7,498,100 

23 Aug
  HLI recorded a PBT of RM18.7 Million for the fourth quarter ended 30 June 2005.
     Click here for full announcement
1 Aug
  HLI had, on 1 August 2005, acquired 2 ordinary shares of RM1.00 each fully paid, representing 100% of the equity interest in Confident Wheels Sdn Bhd ("CW"), for a total cash consideration of RM2.00.
     Click here for full announcement
22 July
  Further to the announcement dated 17 February 2005, HLI's now wishes to inform that the Liquidator of Plaspack had convened a Final Meeting to conclude the Member's Voluntary Liquidation of Plaspack.
     Click here for full announcement
06 July
 

HLI announced share buy back of 35,000 shares.

Minimum price paid for each share purchased (RM) : 3.360 
Maximum price paid for each share purchased (RM) : 3.360 
Total consideration paid (RM) : 117,600.00 
Number of shares purchased retained in treasury (units) : 35,000
Cumulative net outstanding treasury shares as at to-date (units) : 7,424,000 

05 July
 

HLI announced share buy back of 25,000 shares.

Minimum price paid for each share purchased (RM) : 3.360 
Maximum price paid for each share purchased (RM) : 3.360 
Total consideration paid (RM) : 84,000.00 
Number of shares purchased retained in treasury (units) : 25,000
Cumulative net outstanding treasury shares as at to-date (units) : 7,389,000 

04 July
 

HLI announced share buy back of 20,000 shares.

Minimum price paid for each share purchased (RM) : 3.360 
Maximum price paid for each share purchased (RM) : 3.360 
Total consideration paid (RM) : 67,200.00 
Number of shares purchased retained in treasury (units) : 20,000
Cumulative net outstanding treasury shares as at to-date (units) : 7,364,000 

30 June
  MPI Property Sdn Bhd ("MPI Property"), a wholly-owned subsidiary of HLI, under Member's Voluntary Winding-up will be appointed as liquidator of MPI Property.
     Click here for full announcement
30 June
  HLI wishes to announce the disposal of 100% equity interest in HLI Holdings, Inc.
     Click here for full announcement
30 June
  HLI wishes to announce the disposal of its entire interests in MPI Polyester Industries Sdn Bhd to Deltrone Investments Ltd has been obtained today.
30 May
  HLI wishes to announce that MZ Motorrad Group Limited, a wholly-owned subsidiary of HLI incorporated in Bermuda, had incorporated a wholly-owned subsidiary in Thailand known as MZ Motorrad (Thailand) Company Limited ("MZT").
 
   Click here for full announcement
26 May
  HLI declared a sixth interest payment on the outstanding RM203,974,500 nominal value of 4% five (5) - year irredeemable convertible unsecured loan stocks 2002/2007 ("ICULS")

Ex-date : 24 June 2005
Entitlement Date : 15 June 2005, 4 p.m.
Payment Date : 28 June 2005
26 May
  HLI had, on 26 May 2005 entered into a sale and purchase agreement with Deltrone Investments Ltd (“Deltrone”) for the proposed disposal by HLI of 40,000,000 ordinary shares of RM1.00 each and 6,800 Redeemable Preference Shares of RM100.00 each, representing the entire interests in MPI Polyester Industries Sdn Bhd , to Deltrone for cash consideration of RM22.8 Million
     Click here for full announcement (MPIPI Disposal)
 Click here for NTA effect (MPIPI)
24 May
  Further to the announcement dated 26 April 2005, HLI wishes to inform that the proposed member's voluntary winding-up of Guolene Packaging Industries Berhad ("GPIB") had been approved by the shareholders of GPIB at the Extraordinary General Meeting convened today.
     Click here for full announcement
17 May
  HLI wishes to announce that Guocera Holdings Sdn Bhd, a wholly-owned subsidiary of HLI, had incorporated a wholly-owned subsidiary under the Offshore Companies Act, 1990 in the Federal Territory of Labuan known as Guocera International Ltd ("GIL").
     Click here for full announcement
16 May
  HLI declared a gross second interim dividend of 2.5 sen per share tax exempt and 2.5 sen less tax

Ex-date : 2 Jun 2005
Entitlement Date : 06 June 2005, 4 p.m.
Payment Date : 22 June 2005
16 May
  HLI recorded a PBT of RM19.6 Million for the third quarter ended 31 March 2005.
     Click here for full announcement
26 Apr
  Guolene Packaging Industries Berhad ("GPIB"), a 96.4% subsidiary of HLI, proposes to be voluntarily wound-up pursuant to Section 254(1)(b) of the Companies Act, 1965 and Mr Ling Kam Hoong of Messrs Ling Kam Hoong & Co. be appointed as liquidator of GPIB.
     Click here for full announcement
24 Mar
  Further to the announcement dated 18 March 2005, HLI wishes to inform that pursuant to the terms of the Securities Sale Agreement dated 12 January 2005 in respect of the Disposal, the Disposal has been completed today by HLI and HLI Trading Limited, a wholly-owned subsidairy company of HLI, of an aggregate of 80,827,163 ordinary shares of RM1.00 each, representing 27.07% equity interest in Camerlin Group Berhad ("CGB") and RM54,520,949 nominal value of 5.5% 5-year irredeemable convertible unsecured loan stocks 2002/2007 ("ICULS"), representing 43.98% of the outstanding ICULS in CGB, to Brightspring Holdings Limited for an aggregate cash consideration of RM153.7 million ("Disposal").
18 Mar
  HLI wishes to inform that Brightspring Holdings Limited has notified that the approval of the Securities Commission ("SC") for the proposed disposal by HLI and HLI Trading Limited, a wholly-owned subsidiary company of HLI, of an aggregate of 80,827,163 ordinary shares of RM1.00 each, representing 27.07% equity interest in Camerlin Group Berhad ("CGB") and RM54,520,949 nominal value of 5.5% 5-year irredeemable convertible unsecured loan stocks 2002/2007 ("ICULS"), representing 43.98% of the outstanding ICULS in CGB, to Brightspring Holdings Limited ("Brightspring") for an aggregate cash consideration of RM153.7 million, under the Foreign Investment Commitee's Guidelines on the Acquisition of Interests, Mergers and Take-Overs by Local and Foreign Interests, has been obtained.

Following the receipt of the SC's approval, all conditions precedent to the Proposed Disposal have been met and the Proposed Disposal has now become unconditional. Steps will be taken by the Company to complete the Proposed Disposal in due course.

16 Mar
  At the Extraordinary General Meeting convened today, shareholders of HLI had passed the ordinary resolution pertaining to the proposed disposal by HLI and HLI Trading Limited, a wholly-owned subsidiary company of HLI, of an aggregate of 80,827,163 ordinary shares of RM1.00 each, representing 27.07% equity interest in Camerlin Group Berhad ("CGB") and RM54,520,949 nominal value of 5.5% 5-year irredeemable convertible unsecured loan stocks 2002/2007 ("ICULS"), representing 43.98% of the outstanding ICULS in CGB, to Brightspring Holdings Limited for an aggregate cash consideration of RM153.7 million
16 Mar
  At the Extraordinary General Meeting convened today, shareholders of HLI had approved the resolution pertaining to the proposed transfer by Guolene Packaging Industries Berhad, a 96.4% subsidiary of HLI, of its entire equity interests in Guolene Paper Products Sdn Bhd and Guolene Plastic Products Sdn Bhd to HLI for a total cash consideration of RM41,602,000.
11 Mar
  HLI announced an internal reorganisation whereby, MZ Motorrad Group Limited, a wholly-owned subsidiary, will acquire MZ Engineering GmbH and MuZ North America Inc from MZ Motorrad- und Zweiradwerk GmbH, another wholly-owned subsidiary.
     Click here for full announcement
28 Feb
  In regards to the Proposed disposal by HLI and HLI Trading Limited, a wholly-owned subsidiary company of HLI, of an aggregate of 80,827,163 ordinary shares of RM1.00 each, representing 27.07% equity interest in Camerlin Group Berhad ("CGB") and RM54,520,949 nominal value of 5.5% 5-year irredeemable convertible unsecured loan stocks 2002/2007 ("ICULS"), representing 43.98% of the outstanding ICULS in CGB, to Brightspring Holdings Limited for an aggregate cash consideration of RM153.7 million, HLI wishes to inform that an Extraordinary General Meeting ("EGM") of the Company will be held at the Theatrette, Level 1, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur on Wednesday, 16 March 2005 at 11:30 a.m. for the purpose of considering and if thought fit, passing with or without modifications, the ordinary resolution as set out in the notice of EGM as attached.
     Click here for full announcement
28 Feb
  In regards to the proposed transfer by Guolene Packaging Industries Berhad, a 96.4% subsidiary of HLI, of its entire equity interests in Guolene Paper Products Sdn Bhd and Guolene Plastic Products Sdn Bhd to HLI for a total cash consideration of RM41,602,000, an Extraordinary General Meeting ("EGM") of the Company will be held at the Theatrette, Level 1, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur on Wednesday, 16 March 2005 immediately upon the conclusion of the forthcoming EGM of the Company to be held at 11.30 a.m. on the same day, for the purpose of considering and, if thought fit, passing with or without modifications, the resolution as set out in the notice of EGM as attached.
     Click here for full announcement (Disposal of Packaging Companies)
28 Feb
  Guolene Packaging Industries Berhad ("GPIB"), a 96.4% subsidiary of HLI, proposes to transfer GPIB's two (2) wholly-owned subsidiaries to HLI for a total cash consideration of RM41,602,000
     Click here for full announcement
28 Feb
  HLI recorded a PBT of RM19.9 Million for the second quarter ended 31 Dec 2004.
     Click here for full announcement
17 Feb
  Further to HLI's announcements dated 12 October 2004, 3 December 2004, 23 December 2004 and 24 December 2004, on behalf of the Board of Directors of HLI, Hwang-DBS Securities Berhad announced that the Bank Negara Malaysia has, vide its letter dated 15 February 2005 (which was received on 16 February 2005), approved the Proposed Amendments to certain terms of HLI'S Euroconvertible Bonds.
17 Feb
  HLI's 96.4% subsidiary Guolene Packaging Industries Berhad, will place its wholly-owned subsidiary Plaspack Marketing Sdn Bhd, , under Member's Voluntary Winding-Up.
     Click here for full announcement
8 Feb
  HLI's additional 441,000 new ordinary shares of RM0.50 each issued pursuant to conversion of RM2,734,200 Nominal Value Of 4% 5-Year ICULS 2002/2007 will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 15 February 2005
26 Jan
  Proposed disposal by Guolene Packaging Industries Berhad, a 96.4% subsidiary of HLI, of its entire equity interests in Guolene Packaging & Printing Sdn Bhd, Guolene Woven Products (Melaka) Sdn Bhd, Guolene Plastic Films Sdn Bhd and Packaging Research Centre Sdn Bhd for a cash consideration of RM56,300,000, RM62,400,000, RM12,700,000 and RM1,600,000 respectively to San Miguel Corporation.
     Click here for full announcement

20 Jan

   The Malay Mail's article entitled: "Hong Leong May Divest 2 units" on January 17, 2005.
     Click here for full announcement

12 Jan

  Proposed Disposal of 27.07% equity interest in Camerlin Group Berhad ("CGB") and 43.98% of the outstanding Nominal Value Of 5.5% Five (5)-Year Irredeemable Convertible Unsecured Loan Stocks 2002/2007 in CGB for an aggregate cash consideration of RM153.7 Million 

 

   Click here for full announcement
12 Jan
  The shareholders of HLIB have approved the following proposals at its Extraordinary General Meetings (EGMs) convened today : -

(i) Proposed disposal by Guolene Packaging Industries Berhad, a 96.4% subsidiary of HLIB, of its entire equity interests in Guolene Packaging & Printing Sdn Bhd, Guolene Woven Products (Melaka) Sdn Bhd, Guolene Plastic Films Sdn Bhd and Packaging Research Centre Sdn Bhd for cash consideration of RM56,300,000, RM62,400,000, RM12,700,000 and RM1,600,000 respectively to San Miguel Corporation.

(ii) Proposed amendment to the conversion price of EuroConvertible Bonds.
10 Jan
 
Incorporation of a wholly-owned subsidiary in Bermuda known as MZ Motorrad Group Limited.
 Click here for full announcement
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