HHB wishes to announce that the Company has today received
a press release from AmInvestment Bank on behalf of MBM Resources Berhad
(“MBMR”), informing that as at 5:00 p.m. (Malaysian time) on 16 December
2011, MBMR holds 362,332,145 HHB Shares representing 86.36% of the issued and
paid-up share capital of HHB (excluding treasury shares) as a result of valid
acceptances in respect of the ongoing take-over offer.
Accordingly,
HHB does not comply with the public shareholding spread requirement pursuant to
Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Securities as
less than 25% of its total listed shares are in the hands of public
shareholders.
As stated in Section 4 of the offer
document issued in relation to the ongoing take-over offer, it is not the intention of MBMR to maintain
the listing status of HHB.
This Announcement is dated 16
December 2011.
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