Favelle Favco Home Page
 
Corporate Information on Favelle Favco
 
Investor Relations
Contact details
Announcements / News
Financials
 
Crane Products
 
Services
 
Favelle Favco Home Page
 
Favelle Favco Home Plants & facilities
 
Announcements Back
   
CIRCULAR TO SHAREHOLDERS IN RELATION TO PART A PROPOSED ACQUISITION BY FAVELLE FAVCO BERHAD ("FFB" OR "COMPANY") OF A CRANE FABRICATION YARD COMPRISING FREEHOLD INDUSTRIAL LAND, BUILDINGS AND IMPROVEMENTS, LOCATED AT NO. 28 YARRUNGA STREET, PRESTONS, NEW SOUTH WALES, 2170 AUSTRALIA WITH A TOTAL LAND AREA MEASURING APPROXIMATELY 11.6 ACRES FROM MUHIBBAH ENGINEERING (M) BHD FOR A TOTAL PURCHASE CONSIDERATION OF AUD15,000,000 (EQUIVALENT TO RM48,091,500), TO BE SATISFIED VIA THE ISSUANCE OF 31,678,743 NEW ORDINARY SHARES OF RM0.50 EACH IN FFB ("FFB SHARES") AT AN ISSUE PRICE OF RM1.5181 PER FFB SHARE ("PROPOSED ACQUISITION") PART B INDEPENDENT ADVICE LETTER FROM KAF INVESTMENT BANK BERHAD TO THE NON-INTERESTED SHAREHOLDERS OF FFB IN RELATION TO THE PROPOSED ACQUISITION
Download PDF

Company Name FAVELLE FAVCO BERHAD  
Stock Name FAVCO    
Date Announced 17 Oct 2012  
Category PDF Submission
Reference No MI-121017-41529

Circular/Notice to Shareholders

FAVELLE FAVCO BERHAD
17/10/2012 11:41:12 AM

 
Subject

CIRCULAR TO SHAREHOLDERS IN RELATION TO

PART A

PROPOSED ACQUISITION BY FAVELLE FAVCO BERHAD (“FFB” OR “COMPANY”) OF A CRANE FABRICATION YARD COMPRISING FREEHOLD INDUSTRIAL LAND, BUILDINGS AND IMPROVEMENTS, LOCATED AT NO. 28 YARRUNGA STREET, PRESTONS, NEW SOUTH WALES, 2170 AUSTRALIA WITH A TOTAL LAND AREA MEASURING APPROXIMATELY 11.6 ACRES FROM MUHIBBAH ENGINEERING (M) BHD FOR A TOTAL PURCHASE CONSIDERATION OF AUD15,000,000 (EQUIVALENT TO RM48,091,500), TO BE SATISFIED VIA THE ISSUANCE OF 31,678,743 NEW ORDINARY SHARES OF RM0.50 EACH IN FFB (“FFB SHARES”) AT AN ISSUE PRICE OF RM1.5181 PER FFB SHARE (“PROPOSED ACQUISITION”)

PART B

INDEPENDENT ADVICE LETTER FROM KAF INVESTMENT BANK BERHAD TO THE NON-INTERESTED SHAREHOLDERS OF FFB IN RELATION TO THE PROPOSED ACQUISITION

   
Attachments AS ATTACHED

    
   FAVELLE FAVCO BERHAD ALL RIGHTS RESERVED | LEGAL NOTICES The Muhibbah Group