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General Announcement |
| Reference No CC-100907-44396 |
| Company Name |
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H-DISPLAYS (MSC) BERHAD (ACE Market) |
| Stock Name |
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HDISPLY |
| Date Announced |
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07/09/2010 |
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M&A Securities Sdn Bhd |
| Sponsor |
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Same as above |
| Type |
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Announcement |
| Subject |
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H-DISPLAYS (MSC) BERHAD (“HDISPLY” OR “THE COMPANY”)
- FRAMEWORK AGREEMENT WITH SHENZHEN YU-SHUN ELECTRONICS CO., LTD (“SHENZHEN YU-SHUN”) AND HITECH VENTURES PTE LTD ON PROPOSED EQUITY PARTICIPATION BY SHENZHEN YU-SHUN IN HDISPLY |
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| Contents |
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| The Board of Directors of HDISPLY wishes to announce that the Company is in the preliminary stages of discussion with Shenzhen Yu-Shun and had on 3rd September 2010 entered into a ‘framework agreement’ with Shenzhen Yu-Shun and Hitech Ventures Pte Ltd (a substantial shareholder of HDISPLY) on Shenzhen Yu-Shun’s intention to participate in the equity HDISPLY as part of its regularization plan, the details of which have yet to be finalised. |
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| Attachments |
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Proposed Equity Participation by Shenzhen Yu-Shun.doc
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