HARN LEN CORPORATION BHD - Announcements - Bursa Malaysia

GENERAL INFORMATION
APPENDIX
1.0 Responsibility Statement
This Circular has been seen and approved by the Directors of Harn Len and they individually
and collectively accept full responsibility for the accuracy of the information given in this
Circular and confirm that after having made all reasonable enquiries, and to the best of their
knowledge and belief, there are no other facts the omission of which would make any
statement herein misleading.
2.0 Material Litigation
Harn Len and its subsidiary company are not engaged in any material litigation, claims or
arbitration either as plaintiff or defendants and the Directors do not have any knowledge of
any proceedings pending or threatened against the Company and its subsidiary or of any facts
likely to give rise to any proceedings which might materially affect the position or business of
the Company and/or its subsidiary.
3.0 Material Contracts
Save as disclosed herein, Harn Len and/or its subsidiary have not entered into any material
contracts (not being contracts entered into in the ordinary course of business) within the two
(2) years immediately preceding the date of this Circular.
i) an underwriting agreement dated 9 June 2003 between Harn Len and Affin Merchant
Bank Berhad for the underwriting of 20,000 new shares of RM1.00 each in Harn Len
pursuant to Harn Len’s rights issue;
ii)
iii)
iv)
a management agreement dated 2 October 2003 between Harn Len and Tropical Inn
Sdn Bhd (“TISB”) to appoint TISB as the manager and operator of Tropical Inn Hotel
for a nominal fee of RM1.00;
a conditional share subscription agreement dated 2 October 2003 between Harn Len
and Masranti Plantation Sdn Bhd (“Masranti”) for the cash subscription by Harn Len
of 16,024,010 new Masranti shares for a total consideration of RM22,113,134 as
varied and supplemented by a supplementary agreement dated 14 November 2004;
conditional sale and purchase agreements dated 2 October 2003 between Harn Len
with Lian Hup Manufacturing Company Sdn Bhd and Syarikat Senang Oil Palm
Estate Sdn Bhd respectively for the acquisition of estate equipment by Harn Len for a
total cash consideration of RM1,415,000;
v) a conditional sale and purchase agreement dated 2 October 2003 between Harn Len
and LNH Enterprise for the acquisition of the following :-
- 781,205 shares representing the entire issued and paid-up share capital of
Desamawar Runding Sdn Bhd;for a cash consideration of RM4,569,701;
- 4,977,990 shares representing the entire issued and paid-up share capital of Pelita
Pertama Sdn Bhd for a cash consideration of RM18,303,625; and
- 1,182,943 shares representing the entire issued and paid-up share capital of Suen
Tai (Sabah) Sdn Bhd for a cash consideration of RM4,706,136;
as varied and supplemented by a supplemental agreement dated 14 November 2003;
11