Date : 12 July 2019

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN DESARU INVESTMENTS (CAYMAN ISL.) LIMITED, A COMPANY INCORPORATED IN CAYMAN ISLANDS, FROM KHAZANAH NASIONAL BERHAD BY MALAKOFF GULF LIMITED, A WHOLLY-OWNED SUBSIDIARY OF MALAKOFF INTERNATIONAL LIMITED, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF MALAKOFF CORPORATION BERHAD FOR A CASH CONSIDERATION OF USD70 MILLION ("PROPOSED ACQUISITION")

Amended Announcements
Please refer to the earlier announcement reference number: GA1-11072019-00112

MALAKOFF CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN DESARU INVESTMENTS (CAYMAN ISL.) LIMITED, A COMPANY INCORPORATED IN CAYMAN ISLANDS, FROM KHAZANAH NASIONAL BERHAD BY MALAKOFF GULF LIMITED, A WHOLLY-OWNED SUBSIDIARY OF MALAKOFF INTERNATIONAL LIMITED, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF MALAKOFF CORPORATION BERHAD FOR A CASH CONSIDERATION OF USD70 MILLION ("PROPOSED ACQUISITION")

(Unless otherwise stated, the definitions used in this announcement are the same as those previously defined in the announcement dated 11 July 2019)

We refer to the Company's announcement made on 11 July 2019 (Announcement) in relation to the Proposed Acquisition.

We wish to highlight that the Proforma consolidated EPS stated in Section 5.3 of the Announcement should be read as Sen instead of RM000 as follows:

 

Proforma consolidated earnings

RM000

Proforma consolidated EPS

Sen

Profit attributable to owners of MCB as at 31 December 2018

274,433

5.64

Add: Gain on disposal of initial investment(1)

32,663

0.67

Add: Share of net profit

42,086

0.86

Less: Estimated amortisation cost of intangible asset(2)

(6,396)

(0.13)

Proforma profit attributable to owners of the Company

342,786

7.04

This announcement is dated 12 July 2019.






Announcement Info

Company Name MALAKOFF CORPORATION BERHAD
Stock Name MALAKOF
Date Announced 12 Jul 2019
Category General Announcement for PLC
Reference Number GA1-12072019-00089