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General Announcement

Reference No CC-100907-44396

Company Name
:
H-DISPLAYS (MSC) BERHAD (ACE Market) 
Stock Name
:
HDISPLY  
Date Announced
:
07/09/2010  

Regularisation Sponsor
:
M&A Securities Sdn Bhd
Sponsor
:
Same as above

Type
:
Announcement
Subject
:
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

Contents
:
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.

Attachments
:
Proposed Equity Participation by Shenzhen Yu-Shun.doc
 

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