Circular to Shareholders

Date Title
21 Jun 2023CIRCULAR TO SHAREHOLDERS IN RELATION TO (I) PROPOSED SHARE CONSOLIDATION OF EVERY 4 EXISTING ORDINARY SHARES IN HO WAH GENTING BERHAD ("HWGB") INTO 1 NEW HWGB SHARE ("CONSOLIDATED SHARE(S)") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED SHARE CONSOLIDATION"); AND (II) PROPOSED PRIVATE PLACEMENT OF UP TO 49,728,048 NEW ORDINARY SHARES IN HWGB REPRESENTING UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES IN HWGB AFTER THE PROPOSED SHARE CONSOLIDATION ("PROPOSED PRIVATE PLACEMENT") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
30 Aug 2022CIRCULAR TO SHAREHOLDERS IN RELATION TO: (I) PROPOSED ACQUISITION BY HWG FINTECH PROPERTY SDN. BHD., AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF HO WAH GENTING BERHAD ("HWGB"), OF PROPERTIES, COMPRISING OF: (A) 8 UNITS OF SERVICE APARTMENTS LOCATED AT VORTEX SUITES & RESIDENCES @ KLCC FOR A PURCHASE CONSIDERATION OF RM7,410,000 FROM KOEK TIANG KUNG ("VENDOR A") TO BE SETTLED VIA CASH DEPOSIT OF RM222,300 AND ISSUANCE OF 48,565,541 CONSIDERATION RCPS AT AN ISSUE PRICE OF RM0.148 PER CONSIDERATION RCPS ("PROPOSED ACQUISITION OF VORTEX RESIDENCES"); AND (B) LEASES HELD BY DATO' KHO ENG HUE @ KOH ENG HOOI ("VENDOR B") OVER 11 UNITS OF CONDOMINIUM LOCATED AT RESIDENSI ISKANDAR FOR A PURCHASE CONSIDERATION OF RM7,842,000 FROM VENDOR B TO BE SETTLED VIA CASH DEPOSIT OF RM392,100 AND ISSUANCE OF 50,337,162 CONSIDERATION RCPS AT AN ISSUE PRICE OF RM0.148 PER CONSIDERATION RCPS ("PROPOSED ACQUISITION OF RESIDENSI ISKANDAR") (COLLECTIVELY REFERRED TO AS THE "PROPOSED ACQUISITIONS"); AND (II) PROPOSED AMENDMENTS TO THE CONSTITUTION OF HWGB ("PROPOSED AMENDMENTS")
15 Jun 2020CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESSES OF HO WAH GENTING BERHAD ("HWGB") AND ITS SUBSIDIARIES TO INCLUDE THE HEALTHCARE RELATED BUSINESS
05 Jun 2020PROPOSED RENEWAL OF SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (PROPOSED MANDATE)
28 May 2020INDEPENDENT ADVICE CIRCULAR TO THE HOLDERS IN RELATION TO THE UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY HO WAH GENTING HOLDING SDN BHD
18 May 2020UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY HO WAH GENTING HOLDING SDN BHD ("OFFEROR"), A COMPANY OWNED BY DATO' LIM OOI HONG, LIM WEE KIAT AND DATUK TEO TIEW ("ULTIMATE OFFERORS") TO ACQUIRE: (I) ALL THE REMAINING ORDINARY SHARES IN HO WAH GENTING BERHAD ("HWGB") ("HWGB SHARES") NOT ALREADY OWNED BY THE OFFEROR AND THE ULTIMATE OFFERORS COMPRISNG: (A) ALL THE REMAINING EXISTING HWGB SHARES NOT ALREADY OWNED BY THE OFFEROR AND ULTIMATE OFFERORS; (B) SUCH NUMBER OF NEW HWGB SHARES THAT MAY BE ISSUED AND ALLOTED PRIOR TO THE CLOSING DATE ARISING FROM THE EXERCISE OF THOSE OUTSTANDING WARRANT-D 2016/2021 ("WARRANT(S)" OR "HWGB WARRANT(S)"), WHICH ENTITLES HOLDERS OF THE WARRANT TO EXERCISE EACH WARRANT INTO ONE HWGB SHARE AT THE EXERCISE PRICE OF RM0.32; (C) SUCH NUMBER OF NEW HWGB SHARES THAT MAY BE ISSUED AND ALLOTED PRIOR TO THE CLOSING DATE ARISING FROM THE EXERCISE OF EXISTING OUTSTANDING EMPLOYEES SHARE OPTION IN HWGB ("ESOS OPTION") AND NEW ESOS OPTIONS THAT MAY BE FURTHER GRANTED PURSUANT TO THE EMPLOYEES SHARE OPTION SCHEME OF HWGB (COLLECTIVELY, "OFFER SHARES"); AND (II) ALL THE REMAINING UNEXERCISED WARRANTS WHICH ARE NOT ALREADY OWNED BY THE OFFEROR AND ULTIMATE OFFERORS ("OFFER WARRANTS") FOR A CASH OFFER PRICE OF RM0.205 PER OFFER SHARE AND RM0.01 PER OFFER WARRANT RESPECTIVELY ("OFFER")
15 May 2020NOTIFICATION TO SHAREHOLDERS AND WARRANT HOLDERS OF HO WAH GENTING BERHAD IN RELATION TO THE NOTICE OF REVISED CONDITIONAL TAKE-OVER OFFER DATED 8 MAY 2020 BY M&A SECURITIES SDN BHD, ON BEHALF OF HO WAH GENTING HOLDING SDN BHD, AS WELL AS DATO' LIM OOI HONG, LIM WEE KIAT AND DATUK TEO TIEW
15 May 2020NOTIFICATION TO SHAREHOLDERS AND WARRANT HOLDERS OF HO WAH GENTING BERHAD IN RELATION TO THE NOTICE OF REVISED CONDITIONAL TAKE-OVER OFFER DATED 13 MAY 2020 BY M&A SECURITIES SDN BHD, ON BEHALF OF HO WAH GENTING HOLDING SDN BHD, AS WELL AS DATO' LIM OOI HONG, LIM WEE KIAT AND DATUK TEO TIEW
01 Oct 2019CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED CREDITORS CAPITALISATION
30 Apr 2019PROPOSED RENEWAL OF AND NEW SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED ADOPTION OF NEW CONSTITUTION OF THE COMPANY TO REPLACE THE EXISTING MEMORANDUM AND ARTICLES OF ASSOCIATION
30 Apr 2018PROPOSED RENEWAL OF AND NEW SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
23 Jan 2018CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED SHARE CONSOLIDATION INVOLVING THE CONSOLIDATION OF EVERY 4 EXISTING ORDINARY SHARES IN HO WAH GENTING BERHAD ("HWGB") INTO 1 ORDINARY SHARE IN HWGB ("CONSOLIDATED SHARES") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER("PROPOSED SHARE CONSOLIDATION"); (II) PROPOSED DIVERSIFICATION OF HWGB INTO THE TRAVEL RETAIL BUSINESS; AND (III) PROPOSED PRIVATE PLACEMENT OF UP TO 77,597,200 NEW CONSOLIDATED SHARES, REPRESENTING UP TO 30% OF THE ISSUED SHARES OF HWGB AFTER THE PROPOSED SHARE CONSOLIDATION
28 Apr 2017CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED NEW SHAREHOLDER MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
15 Mar 2016ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2011/2016 OF HO WAH GENTING BERHAD (HWGB) (WARRANT(S) C) IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 4 AUGUST 2011 PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 617,598,349 NEW ORDINARY SHARES OF RM0.05 EACH IN HWGB (RIGHTS SHARES) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.05 EACH TOGETHER WITH UP TO 494,078,679 NEW FREE DETACHABLE WARRANTS (WARRANT(S) D) ON THE BASIS OF FOUR (4) WARRANTS D FOR EVERY FIVE (5) RIGHTS SHARES SUBSCRIBED, AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE
20 Oct 2015CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED PAR VALUE REDUCTION OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF HO WAH GENTING BERHAD (HWGB) VIA THE CANCELLATION OF RM0.15 OF THE PAR VALUE OF EACH EXISTING ISSUED AND FULLY PAID-UP ORDINARY SHARE OF RM0.20 TO RM0.05 EACH (HWGB SHARES) PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 (PROPOSED PAR VALUE REDUCTION); (II) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 617,598,349 NEW HWGB SHARES (RIGHTS SHARES) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING HWGB SHARE HELD AFTER THE PROPOSED PAR VALUE REDUCTION, TOGETHER WITH UP TO 494,078,679 FREE DETACHABLE WARRANTS (WARRANTS) ON THE BASIS OF FOUR (4) WARRANTS FOR EVERY FIVE (5) RIGHTS SHARES SUBSCRIBED ON AN ENTITLEMENT DATE AND AT AN ISSUE PRICE TO BE DETERMINED LATER; (III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF HWGB TO FACILITATE THE IMPLEMENTATION OF THE PROPOSED PAR VALUE REDUCTION; (IV) PROPOSED TERMINATION OF HWGBS EXISTING EMPLOYEES SHARE OPTION SCHEME; AND (V) PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES SHARE OPTION SCHEME FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF HWGB AND ITS SUBSIDIARIES (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT) (COLLECTIVELY, THE PROPOSALS)
06 Mar 2015Notice to holders of Warrant-B 2010/2015 in relation to the expiry and last date for the exercise of Warrant-B 2010/2015
26 Aug 2011NOTICE TO WARRANT HOLDERS IN RELATION TO THE ADJUSTMENTS TO THE NUMBER OF WARRANTS 2010/2015 IN RESPECT OF THE OUTSTANDING 137,888,954 WARRANTS 2010/2015 AS SPECIFIED IN THE DEED POLL DATED 2 MARCH 2010 OF HO WAH GENTING BERHAD (“HWGB” OR THE “COMPANY”) AS A RESULT OF THE RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES OF RM0.20 EACH IN HWGB (“RIGHTS SHARES”) TOGETHER WITH NEW FREE DETACHABLE WARRANTS (“NEW WARRANTS”) AT AN ISSUE PRICE OF RM0.45 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM0.20 EACH HELD IN HWGB TOGETHER WITH ONE (1) FREE NEW WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 24 AUGUST 2011
13 Jul 2011CIRCULAR TO SHAREHOLDERS IN RELATION TO PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 152,094,853 NEW ORDINARY SHARES OF RM0.20 EACH IN HO WAH GENTING BERHAD (“HWGB” OR THE “COMPANY”) (“RIGHTS SHARES”) TOGETHER WITH UP TO 76,047,426 NEW FREE DETACHABLE WARRANTS (“NEW WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FOUR (4) ORDINARY SHARES OF RM0.20 EACH HELD IN HWGB TOGETHER WITH ONE (1) FREE NEW WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED ON AN ENTITLEMENT DATE TO BE DETERMINED LATER, BASED ON A MINIMUM SUBSCRIPTION BASIS OF 16,368,600 RIGHTS SHARES, AT AN ISSUE PRICE TO BE DETERMINED LATER
23 Nov 2009CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED REDUCTION OF THE SHARE PREMIUM ACCOUNT OF HO WAH GENTING BERHAD ("HWGB") AND CAPITAL REDUCTION BY THE CANCELLATION OF RM0.80 OF THE PAR VALUE OF EVERY EXISTING ORDINARY SHARE OF RM1.00 EACH IN HWGB TO BE OFF-SET AGAINST THE ACCUMULATED LOSSES OF HWGB ("PROPOSED CAPITAL REDUCTION"); (II) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF HWGB ("M&A") TO FACILITATE THE CHANGE IN THE PAR VALUE OF THE ORDINARY SHARES OF RM1.00 EACH IN HWGB AS A RESULT OF THE PROPOSED CAPITAL REDUCTION ("PROPOSED AMENDMENTS TO THE M&A"); (III) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 137,888,954 NEW ORDINARY SHARES OF RM0.20 EACH IN HWGB ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE TOGETHER WITH UP TO 137,888,954 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) RIGHTS SHARE WITH ONE (1) FREE WARRANT FOR EVERY TWO (2) ORDINARY SHARES OF RM0.20 EACH HELD IN HWGB ("SHARES") AFTER THE PROPOSED CAPITAL REDUCTION ("PROPOSED RIGHTS ISSUE"); AND (IV) PROPOSED ESTABLISHMENT OF AN EMPLOYEE SHARE OPTION SCHEME ("ESOS") OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL IN HWGB AFTER THE PROPOSED CAPITAL REDUCTION ("PROPOSED ESOS") (COLLECTIVELY REFERRED TO AS "THE PROPOSALS")
19 Feb 2008CIRCULAR TO SHAREHOLDERS IN RELATION TO PROPOSED LISTING OF COMMERCE VENTURE MAGNESIUM SDN. BHD. (FORMERLY KNOWN AS COMMERCE VENTURE MANUFACTURING SDN. BHD.), A 55% OWNED SUBSIDIARY COMPANY OF HO WAH GENTING BERHAD ("HWGB") VIA CVM MINERALS LIMITED, A HONG KONG INCORPORATED COMPANY AND A WHOLLY-OWNED SUBSIDIARY COMPANY OF HWGB, ON THE MAIN BOARD OF THE STOCK EXCHANGE OF HONG KONG LIMITED
15 Nov 2006INFORMATION CIRCULAR TO SHAREHOLDERS IN RELATION TO THE SUBSCRIPTION OF NEW ORDINARY SHARES OF RM1.00 EACH IN COMMERCE VENTURE MANUFACTURING SDN BHD ("CVM") OF:- 1, INITIAL SUBSCRIPTION OF 1,000,000 NEW ORDINARY SHARES OF RM1.00 EACH AT PAR ON 26 APRIL 2006 FOR A TOTAL CASH CONSIDERATION OF RM1,000,000.00; 2. FURTHER SUBSCRIPTION OF 16,050,000 NEW ORDINARY SHARES OF RMl.00 EACH AT PAR ON 16 OCTOBER 2006 FOR A TOTAL CASH CONSIDERATION OF RM16,050,000.00
01 Mar 2004CIRCULAR TO SHAREHOLDERS in relation to the PROPOSED ALLOTMENT OF NEW ORDINARY SHARES OF RM1.00 EACH OF UP TO 20% OF THE ISSUED AND PAID-UP CAPITAL OF HO WAH GENTING BERHAD ("HWGB") AT ANY POINT IN TIME OR TO A MAXIMUM OF 52,056,781 NEW ORDINARY SHARES OF RM1.00 EACH AS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY, WHICHEVER ID LOWER, TO ENCIK MUTHANA BIN ABDULLAH, AN INDEPENDENT NON-EXECUTIVE DIRECTORS OF HWGB, PURSUANT TO HWGB'S PROPOSED SPECIAL ISSUE
04 Nov 2003CIRCULAR TO SHAREHOLDERS in relation to PART A (I) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM1.00 EACH UP TO 10% OF THE ISSUED AND PAID-UP CAPITAL OF HO WAH GENTING BERHAD ("HWGB") AT ANY POINT IN TIME ("PROPOSED PRIVATE PLACEMENT") (II) PROPOSED SPECIAL ISSUE OF NEW ORDINARY SHARES OF RM1.00 EACH UP TO 20% OF THE ISSUED AND PAID-UP CAPITAL OF HWGB AT ANY POINT IN TIME ("PROPOSED SPECIAL ISSUE") PART B (I) DIVERSIFICATION OF THE HWGB GROUP'S BUSINESS TO THE HOTEL, CASINO, RESORT, ENTERTAINMENT AND LEISURE BUSINESS IN POIPET, CAMBODIA ("DIVERSIFICATION")
12 Nov 2001CIRCULAR TO SHAREHOLDERS in relation to the PROPOSED EXPANSION OF BUSINESS IN MANUFACTURING OF MOULDED POWER SUPPLY CORD SETS AND CABLE ASSEMBLIES FOR ELECTRICAL AND ELECTRONIC DEVICES AND EQUIPMENT BY INVESTING IN P.T. HO WAH GENTING, A WHOLLY OWNED SUBSIDIARY OF HO WAH GENTING BERHAD LOCATED IN BATAM, INDONESIA AT AN INDICATIVE COST OF USD8 MILLION OR RM30.4 MILLION
05 Nov 2001NOTICE TO WARRANT HOLDERS in relation to THE EXPIRY AND FINAL EXERCISE OF THE WARRANTS 1997/2001
24 May 2001CIRCULAR TO SHAREHOLDERS in relation to :- PART A · PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION. PART B · PROPOSED EXTENSION OF HWGB’S EMPLOYEES’ SHARE OPTION SCHEME; AND · PROPOSED VARIATIONS TO THE EXISTING BYE-LAWS OF HWGB’S EMPLOYEES’ SHARE OPTION SCHEME.
27 Oct 2000INTRODUCTORY CIRCULAR TO SHAREHOLDERS in relation to the: TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF HO WAH GENTING BERHAD COMPRISING 147,168,927 ORDINARY SHARES OF RM1.00 EACH FROM THE SECOND BOARD TO THE MAIN BOARD OF THE KUALA LUMPUR STOCK EXCHANGE
05 May 2000CIRCULAR TO WARRANTHOLDERS in relation to : 1. THE PROPOSED RESTRUCTURING SCHEME 2. PROPOSED ACQUISITION OF 17.37% OF KINTRON SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM12,159,000 TO BE WHOLLY SATISFIED BY AN ISSUANCE OF 12,159,000 NEW HO WAH GENTING BERHAD ORDINARY SHARES OF RM1.00 EACH AT PAR 3. PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL 4. PROPOSED TRANSFER TO MAIN BOARD OF THE KLSE; AND 5. PROPOSED AMENDMENTS TO THE DEED POLL
21 Apr 2000CIRCULAR TO SHAREHOLDERS in relation to : 1. The Proposed Restructuring Scheme Comprising the Following: Proposed reduction of the issued and paid-up capital of Ho Wah Genting Berhad whereby the existing 29,400,000 ordinary shares of RM1.00 each is proposed to be reduced and thereafter, consolidated into 8,820,000 ordinary shares of RM1.00 each; Proposed reduction of the entire audited share premium reserve account as at 31 December 1999 of RM48,680,728; Proposed Schemes of Arrangement and Compromise Repayment with the Scheme Creditors in relation to the issuance of Redeemable Convertible Unsecured Loan Stocks and ordinary shares of Ho Wah Genting Berhad, along with the Proposed Disposal of Certain Assets; Proposed Settlement with Ho Wah Genting Group Sdn Bhd by way of issuance of 4,590,000 new Ho Wah Genting Berhad ordinary shares of RM1.00 each at par; Proposed Settlement with Machinery Vendor by way of issuance of 8,453,000 new Ho Wah Genting Berhad ordinary shares of RM1.00 each at par; Proposed Special Issue of 7,000,000 new Ho Wah Genting Berhad ordinary shares of RM1.00 each at par to bumiputra investors to be approved by MITI; Proposed Acquisition of 82.63% of Kintron Sdn Bhd for a total consideration of RM57,841,000 to be wholly satisfied by an issuance of 57,841,000 new Ho Wah Genting Berhad ordinary shares of RM1.00 each at par to Kintron Holding Sdn Bhd; Proposed Restricted Issue of up to 3,000,000 new Ho Wah Genting Berhad ordinary shares of RM1.00 each at par to the existing odd lot shareholders of the Company after the Proposed Capital Reduction; Proposed Restricted Issue of 13,000,000 new Ho Wah Genting Berhad ordinary shares of RM1.00 each at par to Kintron Holding Sdn Bhd; Proposed waiver by Kintron Holding Sdn Bhd and parties acting in concert from undertaking an unconditional mandatory general offer to acquire the remaining shares not held by them in Ho Wah Genting Berhad after the Proposed Acquisition of 82.63% of Kintron Sdn Bhd, and

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