TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS BRAHIM’S HOLDINGS BERHAD (“BHB” OR “COMPANY”) ACQUISITION OF 49% EQUITY INTEREST IN BRAHIM’S-LSG SKY CHEFS HOLDINGS SDN BHD FOR A CASH CONSIDERATION OF RM130,000,000 (“BLH ACQUISITION”)

BRAHIM’S HOLDINGS BERHAD

 

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description BRAHIM’S HOLDINGS BERHAD (“BHB” OR “COMPANY”)

ACQUISITION OF 49% EQUITY INTEREST IN BRAHIM’S-LSG SKY CHEFS HOLDINGS SDN BHD FOR A CASH CONSIDERATION OF RM130,000,000 (“BLH ACQUISITION”)
We refer to the announcement dated 21 May 2012 in relation to the BLH Acquisition (“Announcement”).

Unless otherwise stated, words and expressions used in this announcement shall have the same meaning as those attributed to them in the Announcement.

On behalf of the Board, HwangDBS wishes to announce that the SSA for the BLH Acquisition has become unconditional after the fulfillment of the following conditions precedent:

  1. approval of the shareholders of BHB for the BLH Acquisition which was obtained at the adjourned extraordinary general meeting held on 5 December 2012; and
  2. confirmation from the solicitor of LSG Asia dated 10 December 2012 that the approval of the Supervisory Board of LSG Lufthansa Services Holdings AG has been obtained. 

 

This announcement is dated 11 December 2012.